rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
TREND ELECTRONICS LTD. - Outcome of Board Meeting
< Back
15 May 2015
Trend Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2015, inter alia, has transacted the following business:&lt;BR&gt;&lt;BR&gt;1. Propose to seek shareholders approval under Section 61, 64 and other applicable provisions, if any, of the Companies Act, 2013 authorising the Board of Directors of the Company to increase the Authorised Share Capital of the Company from existing Rs. 125,00,00,000/- (Rupees One Hundred and Twenty Five Crores Only) to Rs. 225,00,00,000/- (Rupees Two Hundred and Twenty Five Crores Only).&lt;BR&gt;&lt;BR&gt;2. Propose to seek shareholders approval under Section 42, 55, 62, and other applicable provisions, if any, of the Companies Act, 2013 and Rules made there under, authorizing the Board of Directors of the Company to create/issue/allot Preference Shares for an amount not exceeding Rs. 100 Crores (Rupees One Hundred Crores Only) through placement document or circular and/or on private placement basis.
View all announcements for TREND ELECTRONICS LTD. Source: BSE India