With reference to its letter dated March 27th, 2023 whereby the company had informed that the Board of Directors of the Company had, approved the issuance of fully paid-up equity shares of the Company by way of a rights issue to the existing shareholders of the Company for, an amount not exceeding Rs 4900 Lakhs (‘Issue’). Pursuant to the above referred approval, Credent Global Finance has informed that the Company has on June 16, 2023, filed the draft letter of offer in connection with the Issue with the BSE.
The above information is a part of company’s filings submitted to BSE.