2003-1. To Invest in equity share or Debentures or any other securities of TAI Projects Private Ltd [TPPLs] not exceeding Rs 250 million 2. Authority to Borrow money which exceed the aggregating of paid up capital of Comp. & its free reserves but shall not exceed the sum of Rs 350 million 3. Commencement of new business of Yarn 4. Commencement of new business of Departmental Store/Super Market 5. Delisting of shares from Ahmedabad & Jaipur Stock Exchanges.