Conart Engineers has informed about the Board of Directors of the Company at its meeting held on Monday, 22nd January, 2018 has considered and approved the raising of the funds by the way of Preferential Issue of 150,000 Equity Shares to the promoters of the Company subject to necessary approval of shareholders and consent as may be necessary/required for compliance of applicable laws.
The above information is a part of company’s filings submitted to BSE.