COMPANY TOOK LOAN OF Rs 1000000 from PNB. BANK ASKED FOR ADDITIONAL SECURITY AND COMPANY ISSUED 20000 12% DEBENTURES OF Rs 100 EACHAS COLLATERAL SECURITY TO BANKS. COMPANY ALSO ISSUED 100000 EQUITY SHARES OF Rs 10 EACH AT PAR TO RAVI AND APPOINTED HIM AS BOARD OF DIRECTORS . PASS ENTERIES
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