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KESORAM INDUSTRIES LTD. - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
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08 Nov 2022
The Board of Directors at its meeting held on November 8, 2022 have approved the Postal Ballot Notice for obtaining the shareholders&apos;&apos; approval for raising funds for the Company in terms of NonConvertible Cumulative Redeemable Preference Shares (&quot;NCCRPS&quot;) for an amount not exceeding Rs. 90 crores on private placement basis to Manav Investment and Trading Company Limited, a Promoter entity in accordance with such applicable regulatory stipulations. Further, pursuant to applicable provisions, Company proposes to conduct Postal Ballot for obtaining the approval of Members of the Company only through the remote e-voting system.
View all announcements for KESORAM INDUSTRIES LTD. Source: BSE India