RAINBOW FOUNDATIONS LTD. - Board Meeting Outcome for Outcome Of The Board Meeting Held 0N 14.10.2021
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| 14 Oct 2021 | |
| We wish to inform you that the Board of Directors of the Company at their Meeting held today inter alia have considered and approved the following:<BR> 1. Variation in terms of Non-Convertible Redeemable Cumulative Preference Shares (NCRCPS) in accordance with the provisions of section 48 and 55 of the Companies Act, 2013<BR> 2. Increase in the Authorized Share Capital of the Company and consequent Alteration in the Memorandum and the Articles of Association of the Company;<BR> 3. Further discussion on the Rights Issue of the Equity Shares of the Company <BR> 4. Appointment of M/s Turnaround Corporate Advisors Private Limited, a SEBI Registered Category-I Merchant Banker, as Lead Manager to the Issue, in connection with the proposed Rights Issue by the Company;<BR> 5. Appointments of various Intermediaries, in connection with the proposed Rights Issue by the Company<BR> <BR> Request you to take the above on record and oblige | |
| View all announcements for RAINBOW FOUNDATIONS LTD. | Source: BSE India |
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