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INOX Leisure informs about outcome of committee meeting

30 Nov 2018 Evaluate

INOX Leisure has informed that subsequent to the approval accorded by the Board of Directors of the company at its meeting held on 1st November, 2018 and approval by the shareholders for a Preferential Allotment at the Extra-ordinary General Meeting held on Thursday, 29th November 2018, the ILL Committee of the Board of Directors for Operations of the company (Committee) at its meeting held on November 29, 2018, approved the issuance of 64,00,000 Equity Shares at a price of Rs 250 each, aggregating to Rs 160 crores to Gujarat Fluorochemicals, the Promoter of the company. The meeting commenced at 6:00 pm IST and concluded at 6:30 pm IST. This intimation is also available on the website of the company at the web-link www.inoxmovies.com.

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

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Company Name CMP
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