The Company will consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution. Issue of 4,09,366 partly paid up equity shares on a preferential basis to Sri V.G.K. Prasad, the promoter of the company.
They have also further allotted 13,50,634 equity shares to Sri V.G.K. Prasad the promoter bringing the total shares issued to him to 17,60,000.
The Issue will happen at a Premium of ₹356.42 per share on the face value of ₹10 to bring the issue price at ₹366.42 per share.
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