This is in continuation of our earlier intimation given to the exchange with respect to captioned subject.
We inform you that the QIP issue of the Company was opened late on September 14, 2018 evening with a floor price of Rupees 21.20 per share. However, due to recent volatility in the share market, the Company could not generate interest of investors for the entire INR 80 Crore issue and therefore we withdraw the instant QIP offer with immediate effect.
This is for your information and record.