In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held today, have inter alia, approved and taken on record the approval for raising funds by way of issue of equity shares of the Company of face value ? 10 /- (Rupee Ten Only) each at such a price as may be decided by the Board of Directors each for an aggregate amount not exceeding ? 70,00,00,000/- (Rupees Seventy Crores only) on Right issue basis and constitution of Rights Issue Committee.