1. Proposed approval of shareholders for increase in the Authorized Share Capital of the Company, from Rupees 37,00,00,000/- (Rupees Thirty Seven Crores only) divided into 37000000 (Three Crore Seventy Lacs only) Equity Shares of Rupees 10/- (Rupees Ten Only) each, to Rupees 60,00,00,000/- (Rupees Sixty Crores Only) divided into 6,00,00,000 (Six Crore Only) Equity Shares of Rupees 10/- (Rupees Ten Only) and consequent amendment in the Capital Clause (Clause V) of Memorandum of Association of the Company; 2. Approved the conversion of unsecured loan into up to 32817500 Equity shares of Rupees 10/- each of the Company, on preferential basis, ;