Outcome of Board Meeting

| Updated on January 24, 2018 Published on January 24, 2018

1. Pursuant to Regulation 30, read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following:

a. Standalone & Consolidated Unaudited Financial Results alongwith Limited review report for the quarter and nine months ended 31 December, 2017.

2. Board approves to issue Equity Shares on a preferential basis to M/s. SREI Infrastructure Finance Limited, the entity belonging to the Non-Promoter category for an amount not exceeding Rs. 13,71,00,000 (Rupees Thirteen Crores Seventy One Lakhs only) on such price as determined in accordance with the provisions of Chapter VII of SEBI ICDR Regulations, subject to the approval of Shareholders and regulatory authorities as may be required.

3. Board accorded its approval to sell the investments in one of the subsidiaries viz. Amrit Environmental Technologies Private Limited, subject to Secured Creditors and other Regulatory approvals.

Pdf Link: Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on January 24, 2018
This article is closed for comments.
Please Email the Editor