Cella Space has informed that the meeting of the Board of Directors of the Company is scheduled on 16/05/2022, to consider and approve sale of immoveable property of the Company; Re-designation of Kul Bhushan Jain (DIN:-07984364) as Independent Director of the Company; Issue of Convertible Equity Share Warrants by way of conversion of unsecured loan received from S Rajkumar, Promoter and Managing Director; To seek the approval of shareholders for the following items and approving the postal ballot notice: (a) Sale of immoveable property of the Company (b) Confirmation of appointment of Mr. Kul Bhushan Jain (DIN:-07984364) as an Additional Non-Executive Director and his subsequent redesignation to Non-Executive Independent Director (c) Issue of Convertible Equity Share Warrants by way of conversion of unsecured loan received from S Rajkumar, Promoter and Managing Director (d) Approval of Related Party Transactions (e) Approval for strike off of subsidiary companies; and any other item with the permission of Chairperson.
The above information is a part of company’s filings submitted to BSE.
