Event Date: November 3, 2024
RESOLVED THAT, the Board of Directors of Matrix Gas and Renewables Limited, in a meeting held on March 14th, 2024, approved the allotment of 15,65,000 Equity Shares on a private placement basis, as per Section 23 and 42 of the Companies Act, 2013, its Articles of Association, resolution passed on March 11, 2024 and the Private Placement Offer letter also dated March 11, 2024. These shares, with a face value of Rs. 10 per share and a premium of Rs. 390 per share, amount to Rs. 62,60,00,000. The Board has the discretion to allot the shares pari passu with existing shares to the individuals/entities listed.
The document then specifies the allottees:
Each share has a face value of INR 10 and an issue price of INR 400.
Furthermore, the Board authorized any director of the company to take necessary actions to effect the resolution, including crediting the equity shares in electronic form or issuing share certificates, adhering to the Companies Act, 2013, and its Articles of Association, payment of stamp duty, and other actions related to issuance and allotment.
Any Director is also authorized to take all steps necessary for the allotment, including issuing letters of allotment, share certificates, paying stamp duty, liaising with NSDL/CDSL for credit of shares into demat accounts, filing return of allotment with the Registrar of Companies, and all other necessary actions.
Finally, the Board authorized any Director to make necessary filings of forms and documents with the concerned authorities, including the Registrar of Companies (ROC) in the prescribed format. The resolution also specifies that a certified true copy of the resolution can be furnished to concerned authorities upon request. Anmol Singh Jaggi, Managing Director, certified the document as a true copy.
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