Discussed and approved the issue of Warrants to the tune of Rs. 100 Crores, convertible into Equity Shares, subject to the consent of the Members and on such terms and conditions, in one or more tranches, at a future date in accordance with the Memorandum and Articles of Association of the Company, relevant provisions of the Companies Act, 2013, SEBI Regulations, and such other applicable laws in force for the time being, as may be applicable in connection with the aforesaid to the following persons: 1. Pankaj Jain, 2. Vishal Jain, 3. Chhaya Babulal Jain, 4. Sundaram Padmanabhan, 5. Nikhil Rajesh Singh, 6. Mahadev Manubhai Makvana, 7. Shubham Ashokbhai Patel, 8. Laxmanbhai Mafabhai Chaudhari. Further, the Board may issue such Convertible Warrants to such other persons as and when required in the best interest of the company