Arvind Fashions has informed that the meeting of the Board of Directors of the Company is scheduled on 21/08/2021, to consider and approve the proposal for raising funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/ statutory approvals as may be required, including the approval of the shareholders of the Company. The Board, would also consider conducting an extraordinary general meeting/ postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal, if required. Further, in compliance with the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and in terms of Company's Code of Conduct for Prohibition of Insider Trading, the Trading Window for dealing in the securities of the Company will remain closed from August 17, 2021 till 48 hours from the conclusion of Board Meeting.
The above information is a part of company’s filings submitted to BSE.
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