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Praveg Ltd - Board Meeting Outcome for Outcome Of The Board Meeting Held On January 13, 2023
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13 Jan 2023
In furtherance to the intimation dated January 10, 2023, and pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors (&apos;Board&apos;) of the Company, at its meeting held today i.e. January 13, 2023 have approved, inter alia, 1) the issuance of 12,00,000 (Twelve Lakhs Only) warrants each convertible into, on exchangeable for, 1 (one) fully paid-up equity share of the Company of face value of Rs. 10/- each to the proposed allottees, on a preferential basis (&apos;Preferential Issue&apos;) in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (&apos;ICDR Regulations&apos;), as amended and other applicable laws, subject to the approval of regulatory / statutory authorities and the shareholders of the Company at the Extraordinary General Meeting.
View all announcements for Praveg Ltd Source: BSE India