MoneyWorks4Me

RGVN (North East) Microfinance informs about updates on ensuing board meeting

27 Apr 2016 Evaluate

RGVN (North East) Microfinance has informed that in respect of Secured, Redeemable and Non-Convertible Debentures aggregating to Rs 160,000,000 and Rs 332,600,000, the Company is conducting a Board Meeting on May 07, 2016 for considering the approval of un-audited financial results for the year ended March 31, 2016; and fund raising by way of private placement of listed transferable secured redeemable Non Convertible Debentures aggregating up to Rs 250,000,000. Further, the Company is also conducting Extra-ordinary General Meeting on May 07, 2016 for obtaining shareholder approval for further fund raising by way of debt issue of Secured, Redeemable and Non-Convertible Debentures on private placement basis aggregating to Rs 250,000,000.

The above information is a part of company’s filings submitted to BSE.

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