Indo Rama Synthetics (India) has informed that the meeting of the Board of Directors of the company is scheduled on January 15, 2019, to consider and approve the issuance of preferential basis Equity Shares to the Promoter Group by way of a Preferential Issue on private placement basis; issuance of preferential basis Equity Shares to the investors other than Promoters by way of a Preferential Issue on private placement basis; to increase Authorized Share Capital of the company from existing Rs 235,10,00,000 to Rs 275,00,00,000; and to approve issuance of Notice of 3rd Extra-ordinary General Meeting of the company.
The above information is a part of company’s filings submitted to BSE.
