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DCW LTD. - Outcome of Board Meeting

| Updated on March 29, 2019 Published on March 29, 2019

This is to inform you that at the Meeting of the Board of Directors of the Company held today at the Head Office of the Company at NIRMAL, 3rd Floor, Nariman Point, Mumbai - 400021 on Friday, 29th March, 2019 at 12.00 noon the directors have approved following:

1 Issue of warrants and equity shares on preferential basis to the Promoters, Promoter Group, Business Associates and Investors for an aggregate amount upto Rs. 80 crores.
2 Issue of non convertible debentures on private placement basis for an amount up to Rs. 400 crores.
3 To convene an Extra-Ordinary General Meeting of the Members of the Company on 25/04/2019 at the Registered Office of the Company at Dhrangadhra, Gujrat - 363315 to seek their approval for the aforesaid Preferential Issue and issue of Non Convertible Debentures on private placement basis.

Pdf Link: DCW LTD. - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on March 29, 2019
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