Golkonda Aluminium Extrusions Ltd - Outcome Of Meeting Of The Board Of Directors In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 ('SEBI (LODR) Regulations'), we would like to inform you that the Board of Directors of the Company, in their meeting held today i.e., Thursday, April 08, 2021 (Timings: Meeting commenced at 05:30 p.m. and concluded at 06:30 p.m.) have, inter-alia, subject to approval of members of the Company, considered and approved the following: -<BR> <BR> 1. To issue and allot Equity Shares of Face Value of Rs.10/- (Rupees Ten Only) each, on preferential basis, aggregating up to Rs.1,55,00,000 (Rupees One Crore Fifty Five Lakh Only), at an issue price of Rs.10/- each or such price as may be determined by the Board in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.<BR> <BR> 2. The Board also approved the Postal Ballot Notice of Extra Ordinary General Meeting which will be submitted to the exchange separately in due course of time.