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OSWAL LEASING LTD. - Corporate Action-Outcome of Right issue
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03 Mar 2021
In furtherance to our intimation dated February 23, 2021 and pursuant to Regulation 30 of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015, the Board of Directors of the Company in their Meeting held today i.e. WEDNESDAY, MARCH 03, 2021 have inter-alia, considered and approved to raise funds upto an aggregate value not exceeding Rs. 10 Crores, subject to receipt of necessary approvals from statutory, regulatory and other authorities, as applicable by way of issue of equity shares of the Company to its eligible shareholders on a right basis (&apos;Rights Issue&apos;) in accordance with the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), 2018 as amended from time to time and other applicable laws and regulations. The Board has also appointed a Merchant Banker for the said purpose.
View all announcements for OSWAL LEASING LTD. Source: BSE India