| 1. The rights, preferences and restrictions attaching to each class of
shares including restrictions on the distribution of dividends and the
repayment of capital
The company has one class of equity shares having par value of Rs.10
per share and one class of preference shares(not yet issued &
subscribed). Each holder of the equity share is entitled to vote. The
dividend, if any, proposed by the board is subject to the approval
ofthe shareholders in ensuring Annual General Meeting.
In the event of liquidation of the company, the holder of equity shares
will be entitled to receive the remaining assets of the company, after
distribution of all preferential amounts. The distribution will be in
proportion to the number of equity shares held by the shareholders.
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