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SPML Infra Limited - Board Meeting Outcome for Outcome Of Board Meeting
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18 Nov 2021
With reference to the captioned subject and in terms of the Regulation 30 of the SEBI (Listing Obligations &amp; Disclosure Requirements) Regulations, 2015, we would like to inform you that Board of Directors of the Company in its Meeting held on 18th November, 2021, interalia, has considered and approved the issuance of partly paid- up equity Shares of the Company on Right issue basis to the eligible equity shareholders of the Company as on the record date (to be intimated later) of an issue size not exceeding Rs 49 Crores (Rupees Forty Nine Crores Only) at such price at a premium or discount to the market price, considering the prevailing market conditions and SEBI guidelines and in such ratio as may be determined by the Right Issue Committee. Further, partly paid-up equity Shares to be subscribed by the eligible Shareholders on application and 1st and final call within 12 months from the date of allotment.
View all announcements for SPML Infra Limited Source: BSE India

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