Pursuant to Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Caspian Corporate Services informed that the Company has received an In-Principle Approval for issue of 98,58,892 equity shares of Rs 1 each to be issued at a price not less than Rs 12 to promoters for consideration other than cash on a preferential basis pursuant to share swap and issue of 32,86,298 equity shares of Rs 1 each to be issued at a price not less than Rs 12 to non - promoter on a preferential basis from BSE on March 02, 2023. In Principle Approval E-Letter from BSE dated on March 02, 2023 bearing reference no DCS/PREF/CP/FIP/3177/2022-23 is enclosed.
The above information is a part of company’s filings submitted to BSE.
