CELEBRITY FASHIONS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2023 ,inter alia, to consider and approve We hereby inform that the Board of Directors at their meeting scheduled on Monday, 13th February 2023 would consider the following: 1. Increase in Authorised Share Capital and consequent alteration of Clause V of the Memorandum of Association of the Company. 2. Proposal for raising funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the Company. The Board would also consider convening an extra-ordinary general meeting / postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal of fund raising, as required.