Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI LODR Regulations
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Corporate Actions:
- Approval for raising funds up to ₹275 Crore (Rupees Two hundred and seventy-five crore only) through Qualified Institutions Placement (QIP)
- Securities to be issued: Equity shares and/or any other eligible securities convertible into equity shares as permitted under SEBI ICDR Regulations, 2018
- Fundraising subject to shareholder approval and regulatory/statutory approvals
- Appointment of M/s. Aryaman Financial Services Limited as Book Running Lead Manager for the QIP issue
- Appointment of CS Gaurav Thakur, Practicing Company Secretary of M/s. Thakur G & Co., as scrutinizer for Postal Ballot and remote e-voting process
- Notice of Postal Ballot to be issued to shareholders for approval of fund-raising proposal under Section 110 of Companies Act, 2013
Other Significant Information:
- Company CIN: L45200PB2005PLC028466
- Company Address: SCO 15, Urbana, Jalandhar Heights II, Jalandhar -144022, Punjab
- Company Secretary and Compliance Officer: Aarti Mahajan