SHIV-VANI OIL & GAS EXPLORATION SERVICES LTD. - Outcome of Board Meeting
| < Back | |
| 01 Oct 2015 | |
| Shiv-Vani Oil & Gas Exploration Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 30, 2015, inter alia, has taken the following decisions:<BR><BR>1. Considered and Approved to increase Authorised Share Capital from Rs. 150 crore to Rs. 230 crore.<BR><BR>2. Considered and Approved Alteration of Capital Clause in Memorandum of Association and Article of Association.<BR><BR>3. Considered and Approved Conversion of Unsecured loan of promoters into Equity shares of the Company as per the CDR Scheme.<BR><BR>4. Considered and Approved Conversion of Outstanding overdue interest and installments of Lenders into Equity Shares as per CDR Scheme.<BR><BR>5. Considered the proposal of Lenders for Strategic Debt Restructuring Scheme introduces by Reserve Bank of India vide circular dated June 08, 2015. | |
| View all announcements for SHIV-VANI OIL & GAS EXPLORATION SERVICES LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback