WALCHANDNAGAR INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2024 ,inter alia, to consider and approve In addition, pursuant to provisions of Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and all other applicable provisions, if any, we wish to inform you that the Board of Directors of Walchandnagar Industries Limited ('the Company') would consider and approve a proposal for fund raising by way of Qualified Institutions Placement (QIP) to issue such number of Equity Shares and/ or other securities convertible into Equity Shares, or any combination thereof, in one or more tranches, as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the Notice for approval of the members through a Postal Ballot and further subject to such statutory / regulatory approvals, as may be required.
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