We hereby inform that Board of Directors, at its meeting held on 12th May, 2017 at Kolkata, interalia, considered and approved the following : 'To create, offer and issue 75,00,00,000 equity shares by way of FPO/QIP/Preferential Isse/ESOP etc. in accordance with SEBI (ICDR) Regulations 2009 and as per other applicable acts/regulations/guidelines subject to necessary approval'