BANAS FINANCE LTD. - Board Meeting Intimation for Matters Relating To The Rights Issue Including Terms And Conditions.

BANAS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/06/2022 ,inter alia, to consider and approve Matters relating to the Rights Issue including terms and conditions such as the determination of the Rights Issue price and related payment mechanism, Rights Issue size, rights entitlement ratio, the record date and timing of the Rights Issue and other matters incidental or connected therewith.