CSL Finance has informed that a meeting of the Board of Directors of the Company would be held on September 08, 2016, to consider and approve the Preferential allotment of equity shares and/or convertible securities to persons belonging to Promoter and/or non-promoter group and to authorize Rohit Gupta, Managing Director of the Company to explore opportunities in this regard, and to consider the appointment of Sandeep Lohani, as the Chief Executive Officer of the Company.
The above information is a part of company’s filings submitted to BSE.