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GULSHAN POLYOLS LTD. - Outcome of Board Meeting (AGM on Sept 20, 2014)
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22 Aug 2014
Gulshan Polyols Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 22, 2014, inter alia, have considered and approved the following matters:&lt;br/&gt;&lt;br/&gt;1. Preferential Issue of following securities, in accordance with the SEBI (ICDR) Regulations, 2009, to the Foreign Institutional Investor (Fll):&lt;br/&gt;&lt;br/&gt;a. 5,00,000 (Five Lacs Only) Equity Shares at a price of Rs. 175/- (Rupees One Hundred and Seventy Five only) per equity share.&lt;br/&gt;&lt;br/&gt;b. 5,00,000 (Five Lacs Only) Convertible Warrants into Equity Shares at a price of Rs. 175/- (Rupees One Hundred and Seventy Five only) per equity share.&lt;br/&gt;&lt;br/&gt;2. Approval of second supplementary Notice to the Notice of 14th Annual General Meeting of the Company which is scheduled to be held on September 20, 2014.
View all announcements for GULSHAN POLYOLS LTD. Source: BSE India