Surya Marketing has informed that the Company is planning to extend the business operations across supply chain, logistics by entering into Joint ventures to explore the various opportunities, incorporation of subsidiaries companies, special purpose vehicle etc. The Board will meet to discuss the various avenues to improve the productivity for the same including raising of funds through issue of fresh equity shares for collection of high security premium. In this respect, the Meeting of the Board of the Company is scheduled to be held on July 20, 2016 to consider and approve the Preferential issue of Equity Shares of Rs 10 each in terms of the provisions of Securities and Exchange Board of India (ICDR) Regulations, 2009; Calling Extra Ordinary General Meeting for obtaining shareholders approval in terms of SEBI regulations and Companies Act, 2013; Appointment of Scrutinizer for E-voting purpose; and Authorise Directors for issue of Notice of EGM.
The above information is a part of company’s filings submitted to BSE.
