Morarjee Textiles Limited approved extension of the term of redemption of the 1,500,000 - 9% Redeemable Cumulative Non -Convertible Preference shares of INR 100/- each aggregating INR 150 million, issued earlier, by 4 (four) years from 3rd December, 2022 with an option to the Company to redeem at such earlier date as may be decided by the Board. All the other terms shall remain the same.