Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
BARTRONICS INDIA LTD. - Board Meeting Intimation for Notice Of The Board Meeting To Consider Preferential Issue Of Equity Shares Of The Company
Download announcement < Back
06 Jun 2023
BARTRONICS INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/06/2023 ,inter alia, to consider and approve In accordance with the captioned regulations of SEBI LODR and other applicable provisions, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, June 09, 2023, inter alia, to consider the issue of equity shares of the Company by way of preferential allotment, of upto 9% of the paid-up share capital of the Company, to an individual or group of individuals. The purpose of preferential issue is acquiring suitable stake in a target company which will help company expand its offerings supplementing financial inclusion projects. The preferential issue will be for consideration other than cash, for which issuance and allotment of equity shares shall be in accordance with the applicable laws and shall be subject to such regulatory /statutory approvals, as may be required, including the approval of the shareholders of the Company.
View all announcements for BARTRONICS INDIA LTD. Source: BSE India