Inter alia, considered and approved: 1. Increase in the Authorised...
Inter alia, considered and approved: 1. Increase in the Authorised Share Capital of the Company from Rs.12,00,00,000/- (Rupees Twelve Crores only) divided into 1,20,00,000 (One Crore Twenty Lakhs) equity shares of Rs. 10/- (Rupees Ten Only) each to Rs. 19,00,00,000 (Rupees Nineteen crores only) divided into 1,90,00,000 (One Crore Ninety Lakhs) equity shares of Rs. 10/- (Rupees Ten Only) each, subject to the approval of the shareholders in the ensuing Extra Ordinary General Meeting of the Company. 2. Acquisition of balance stake i.e., 74,64,900 Equity Shares of Rs. 10/- each (approx. 84.21% stake) in Craftsmart Products Private Limited (?CMPPL?/ ?Target Company?) on swap basis through preferential allotment by issue of upto 59,71,920 Equity Shares of Rs. 10/- each of Bandaram Pharma Packtech Limited to the selling shareholders of Craftsmart Products Private Limited at an issue price of Rs. 20/- each (including premium of Rs 10/- each) for consideration other than cash on swap basis subject to the approval of the shareholders in the ensuing Extra Ordinary General Meeting of the Company and receipt of applicable regulatory approvals. 3. Appointment of Mrs. Mounika Pammi (DIN: 11111376) as Additional Director nonexecutive Independent) w.e.f., 20.06.2025 for a period of 5 year 4. Resignation of Mr. Prateek Vijayvargiya (DIN: 11131906), Independent Director of the Company w.e.f 20.06.2025, due to his professional commitments. He has confirmed that there are no other material reasons for his resignation other than that mentioned in his resignation lette 5. Reconstitution of Committees of the Board pursuant to the change in Board of Directors 6. Extra Ordinary General Meeting is scheduled to be held on Monday, 21.07.2025 at 11:00 a.m. through Video Conference/ OAVM for obtaining the shareholders? approval for the above-mentioned items