Sakthi Finance has informed that the allotment Committee of Directors have at their meeting held today Friday, 24th January 2020, considered and approved Postal Ballot Notice and the dates in relation to Postal Ballot process for the Preferential Issue of Equity Shares, as enclosed. As the Equity shares are infrequently traded, the actual price will be determined by the Registered Valuer on the relevant Date. The Postal Ballot Notice and Postal Ballot Form are being submitted shortly. The Allotment Committee Meeting commenced at 1:00 pm and concluded at 1:30 pm.
The above information is a part of company’s filings submitted to BSE.