Held on 13 October 2015
Lykis announced that the Board of Directors of the Company at its meeting held on 13 October 2015, inter alia, has approved the following business:1. The Board has allotted 9,68,000 Equity warrants, convertible into Equity shares, on preferential basis to Pawan Kumar Gupta, Non-Promoter Chief Executive Officer (CEO) of the Company, at the price of Rs. 40/- per equity warrant on the terms and conditions approved by the shareholders and in accordance with SEBI (ICDR) Regulations, 2009.
2. Approved the postal ballot pursuant to Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014.
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