1. The Board approved the issuance of fully paid equity shares of face value of Rs.10/- each of the company on rights basis to eligible equity shareholders of the company as on the record date.\r\n\r\n2. Allotment of 30, 9.5% Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures on Private Placement basis of Rs. 10,00,000 (Rupees Ten Lakh Only) each aggregating to Rs. 3,00,00,000/- (Rupees Three Crore Only).