1. Raising of capital up to Rs. 200 crore under applicable provisions of section 42 and 62 of the Companies Act, 2013, SEBI (ICDR) Regulations, 2009 and subject to approval of shareholders and other competent authorities as may be required.
2. Convening of Extra Ordinary General Meeting of the Company to be held on 23 May 2016 for taking shareholders approval for aforesaid purpose.