This is to inform you that as per Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Board of Directors of the Company at its meeting held on 6th December 2015, has decided to re-issue 29,400 equity shares of the Company of Rs. 10/- each which were forfeited, and the re-issue of these forfeited shares shall be done to ShaliniJhawarone of the Existing Promoter Shareholder of the Company, as per the applicable regulations in this regard. The Board of Directors has decided to convene an Extra-Ordinary General Meeting of the shareholders of the Company to seek approval for the abovementioned re-issue of forfeited shares. The date of the Extra-Ordinary General Meeting shall be finalized by the Board by circular resolution. Thereafter, the reissue shall be done in a duly convened Board meeting as per the requirements of the Companies Act, 2013.