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Board Meeting on August 10, 2016

| Updated on July 30, 2016 Published on July 30, 2016

Sakthi Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on August 10, 2016, inter alia, to consider and approve the following:

1. Unaudited Financial Results for the quarter ended June 30, 2016.

2. Increasing the Authorised Share Capital to Rs. 100 crores from Rs. 75 crores with consequent changes in Capital Clause in Memorandum and Articles of Association.

3. Adoption of new set of Articles of Association

4. Issue of Secured, Redeemable, Non-Convertible Debentures and other Debt Securities on Private Placement basis within the overall borrowing powers of the Company.

5. Issue of Redeemable, Cumulative, Preference Shares on Private Placement for an amount not exceeding Rs. 30 crores

For the above purpose and in accordance with Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and in terms of "Sakthi Finance Limiteds Code of Conduct to regulate, monitor and report trading by Insiders", the Trading Window for dealing in securities of the company will remain closed from August 01, 2016 to August 12, 2016, both days inclusive, for Directors and Designated Employees as defined in the Code.

Pdf Link: >Board Meeting on August 10, 2016

Source : BSE - >www.bseindia.com

Published on July 30, 2016
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