Event Date: N/A
Matrix Gas & Renewables Limited, at a meeting held on May 10th, 2024, resolved to allot 5,75,000 equity shares on a private placement basis. This resolution was made pursuant to Section 23, 42 and other applicable provisions of the Companies Act, 2013, the Articles of Association, and the resolution passed at the Extra-Ordinary General Meeting of the Members of the Company held on April 22, 2024. The private placement offer letter was dated April 22, 2024. The shares have a face value of Rs. 10 each, with a premium of Rs. 390 per share, amounting to a total of Rs. 23,00,00,000. These shares rank pari passu with existing shares.
The following investors will be allotted shares: Ashok Kumar Bhawsinghka (12,500 shares), Renu Bansal (12,500 shares), Nitin Kumar Sultania (37,500 shares), Madhu Devi (37,500 shares), and Gastrade and Energies Private Limited (4,75,000 shares). The issue price for all shares is Rs. 400 each.
The board authorized any director to take necessary actions to effect the resolution, including crediting equity shares in electronic or physical form and complying with the Companies Act, 2013 and its rules, and the Articles of Association. This includes paying stamp duty, issuing share certificates, and providing necessary directions.
Furthermore, any Director of the Company is solely authorized to take steps for the allotment of Equity Shares, including the issue and delivery of letters of allotment, issuing Share certificate(s), paying stamp duty on the Shares, liaising with NSDL/CDSL for credit of Shares into respective demat accounts, filing return of allotment with the Registrar of Companies, and to do all such acts, deeds and things as may be considered necessary or expedient to give effect to the resolutions.
Any Director of the Company is authorized to make necessary filings of forms and documents with concerned authorities, including the Registrar of Companies (ROC). Finally, a certified true copy of the resolution, duly certified by any of the Directors, can be furnished to the concerned authorities, who are requested to act accordingly. Anmol Singh Jaggi, Managing Director (DIN: 01293305), certified the document to be true.
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