AOA clause for PRIVATE PLACEMENT

[falguni shah]

Dear Members,

below is reference clause of AOA

Share capital and variation of rights

(ii)Subject to the provisions of the Act and these Articles, the shares in the capital of the company shall be under the control of the Directors who may issue, allot or otherwise dispose of the same or any of them to such persons, in such proportion and on such terms and conditions and either at a premium or at par and at such time as they may from time to time think fit.

Does this clause cover PRIVATE PLACEMENT AND PREFERENTIAL ISSUE ? or need to amend AOA and specifically state the routes of Issue?.