Pursuant to reg 30 (LODR),2015 we wish to inform you that the member of the Company at 37th AGM has accorded to the Board of Director to create, issuance of any securities including equity shares on preferential/right/private placement basis, issuance of convertible warrant preference share, debenture, commercial coupons, redeemable or non-redeemable securities, compulsory redeemable debentures, commercial coupon, redeemable or non-redeemable securities, compulsory convertible debentures or any other securities as may be permitted by the governing provision of the Companies Act & Rules ,SEBI Regulation or Stock Exchange approvals up to Rs.54,00,00,000(Rupees fifty Four Crores only