Approved the issuance of fully paid up equity shares of the Company of face value of Rs 10 each ('Rights Equity Shares') for an aggregate amount of upto Rs 80 crores (Rupees Eighty Crores only), including premium by way of Rights issue and Approved the Draft Letter of Offer for the Rights Issue, in accordance with the provisions of the Companies Act, 2013, the SEBI (ICDR) Regulations and other applicable laws;