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NIMBUS FOODS INDUSTRIES LTD. - Outcome of Board Meeting
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11 Dec 2014
Nimbus Foods Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 11, 2014, inter alia, has approved the following:&lt;BR&gt;&lt;BR&gt;1. Subject to the approval of shareholders to Issue of 230000000 (Twenty-Three crore) convertible equity warrants of Rs. 3/- each (including premium of Rs. 2/- each) on preferential basis in accordance with the provisions of Companies Act &amp; as per SEBI (Issue of Capital &amp; Disclosures Requirements] Regulations, 2009.&lt;BR&gt;&lt;BR&gt;2. Subject to the approval of shareholders to Increase in Authorized Capital of the Company.&lt;BR&gt;&lt;BR&gt;3. To hold EGM in due course for the abovementioned matters.
View all announcements for NIMBUS FOODS INDUSTRIES LTD. Source: BSE India