GOKAK TEXTILES LTD. - Outcome of Board Meeting

Download	< Back
29 Aug 2017
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their meeting held on August 29, 2017 have approved issue of Non-cumulative, Non-convertible, Non-Participating, Redeemable Preference Shares of Rs. 10 each aggregating to Rs. 35 crores in one or more tranches on Private Placement basis to the Shapoorji Pallonji and Company Private Limited, Promoter and / or any other Promoter Group company, subject to approval of the Shareholders of the Company. The tenure is for a period not exceeding 20 years from the date of allotment and the same will be redeemed in accordance with section 55 of the Companies Act, 2013. It was decided not to seek listing of the proposed issue of Preference Shares.
View all announcements for GOKAK TEXTILES LTD.	Source: BSE India

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us