Scandent Imaging Ltd - Board recommends Dividend & approves Right Issue of equity shares
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| 29 Jun 2022 | |
| Scandent Imaging Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 29, 2022, inter alia, has considered and approved the following business matters:<BR><BR>1. The Board of Directors have recommended a dividend of Rs. 10 paisa per equity share (1%) of Rs. 10 each for the Financial Year ended March 31, 2022, subject to the approval of the shareholders at the ensuing Annual General Meeting.<BR><BR>2. The Board of Directors has considered and approved raising of funds through issuance and allotment of equity shares of Rs. 10 each ("Equity Shares") to the eligible equity shareholders of the Company on Rights basis, on such terms and at such price and ratio as may be decided by a duly constituted committee (Rights Issue Committee) of the Board, for an amount not exceeding Rs. 49 Crore, subject to receipt of regulatory/statutory approvals, in accordance with the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013 and rules made there under, as amended from time to time ("Rights Issue"). | |
| View all announcements for Scandent Imaging Ltd | Source: BSE India |
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