- Issuance of 75,51,250 Equity Shares of Rs. 2/- each of the Company on preferential basis to the promoters / non promoters against conversion of loan, subject to the approval of shareholders at a price of Rs. 80.00 per Share or a price to be determined as per Regulation 76 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 on relevant date, whichever is higher.