Khoobsurat has informed that Members of the Company have approved the following Agenda in the Board Meeting held today - To raise further Capital by way of Rights Issue, not exceeding Rs 50.00 Crore. Increase in Authorised Share Capital of the Company and consequential amendment in Memorandum of Association of the Company Adoption of new set of 'Articles of Association' of the Company, in line with Companies Act, 2013; To seek approval of Members by way of Postal Ballot Rules for above Agenda.
The above information is a part of company’s filings submitted to BSE.