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SACHETA METALS LTD. - Board Meeting Outcome for Outcome Of Board Meeting For Fund Raising, Held On 18Th May,2022
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18 May 2022
Sir/Madam, With reference to the above sub. we wish to inform you that the Board of Directors of the Company in the meeting held today have considered and approved the raising of funds through issuance of equity shares of face value of Rs. 10 each (Equity Shares) for an aggregate amount of up to Rs.15 Crores, (Rupees Fifteen Crores), on a rights basis to the eligible equity shareholders as on a record date (to be notified subsequently) on such terms and conditions as may be decided by the Board of Directors or Committee thereof subject to the receipt of regulatory approvals. The Board have delegated powers to the &apos;Right Issue Committee&apos; of Directors in respect of Rights Issue for deciding the terms and conditions for Rights Issue.The meeting of the Board of Directors commenced at 4:30 p.m. and concluded at 5:00 p.m.
View all announcements for SACHETA METALS LTD. Source: BSE India