PRICOL LTD. - Outcome of Board Meeting
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| 24 Sep 2014 | |
| Pricol Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 24, 2014, has considered and approved, subject to necessary approval from the shareholders and all the requisite approvals as may be required, the following:<br/><br/>1. by way of special resolution: Further Issue of equity shares or other securities under sections 23, 42 and 62(1)(c) of the Companies Act, 2013, through public and / or private offerings to any eligible Investor, including but not limited to Qualified Institutional Buyers or such other form as may be permissible, under applicable law, [for an amount not exceeding Rs. 1,250 million].<br/><br/>2. by way of ordinary resolution: Increase in the authorised share capital of the Company from Rs. 100 million to Rs. 120 million and subsequent changes In the Memorandum of Association of the Company. | |
| View all announcements for PRICOL LTD. | Source: BSE India |
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