The Board of Directors of the Company in their meeting, inter alia, has considered and approved, subject to the approval of Shareholders of the Company, the proposal of issue of fresh Equity Shares of the Company on Preferential Basis, in supersession of earlier proposal of issue of Equity Shares considered at its Meeting held on July 26, 2017, to the proposed strategic investors viz. Promoters (Mr. Shivaji Akhade and Mr.
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