Outcome of Board Meeting

| Updated on February 17, 2016 Published on February 17, 2016

Shri Bajrang Alloys Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 17, 2016, has decided to obtain approval of Members of the Company by way of Special Resolution through the process of Postal Ballot pursuant to the provisions of Section 110 of the Companies Act, 2013 and Rule 22 of the Companies (Management And Administration) Rules, 2014 and any other rules made there under, if any, respectively for according its consent to the Board of Directors pursuant to the Provisions of Section 186 of the Companies Act, 2013 for making any investment/giving any loan or guarantee/providing securities to any person(s) or other body corporate(s) exceeding the prescribed limit as specified under 186 (2) as per Companies Act, 2013.

Source : BSE - >www.bseindia.com

Published on February 17, 2016
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