Further to our letter dated 21.01.2021 this is to inform you that pursuant to the Regulation 30 and other applicable regulations of SEBI(Listing Obligation and Disclosure Requirement) Regulations,2015 the Board of Directors of the company in their meeting held on 21.01.2021 at 02.30 P.M. and concluded at 6.45 P.M. at the registered office of the company has approved to the Increase Authorized Share Capital of the company from the present 8,00,00,000/- (Rupees Eight Crores only) divided into 80,00,000 (Eighty Lakhs)Equity Shares having face value of Rs. 10/- each share to 12,00,00,000/- (Rupees Twelve Crores only)divided into 1,20,00,000 (One Crores Twenty Lakhs only)Equity Shares having face value of Rs. 10/- each share and consequent to increase in Authorized capital the board has also approved to alter/amend the Memorandum of Association of the company,subject to approval of the members in ensuing EGM.
Please take the note of same in your record.Kindly acknowledge receipt of same.