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the process of Reduction of capital and preferential issue of 5,00,00,000 equity shares to the Successful Resolution Applicant (in the Promoter Group category) with the statutory authorities. Therefore, post the preferential issue, the paid-up share capital of the Company will stand at Rs. 50,03,31,430/- including the capital reduction from 33,14,295 to 33,143 and further issue of shares to successful resolution applicant of 5,00,00,000 equity shares. The Company has made application for listing of 5,00,00,000 equity shares to BSE and NSE and the same is under process. Hence, post the preferential issue, the paid-up share capital of the Company will stand at Rs. 50,03,31,430/- including the capital reduction from 33,14,295 to 33,143. 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