Gulshan Polyols has informed that the Board of Directors of the Company at its meeting held today on Tuesday, on August 17, 2021 at its Corporate Office have considered and approved, the following: Proposal of raising of funds by way of issue of 'Eligible Securities' defined under Regulation 171(a) of SEBI ICDR Regulations through Qualified Institutions Placement or by way of one or more private offering(s) or any equivalent capital raising methods to eligible investors, with or without permissible discount or premium, for an aggregate amount not exceeding Rs 250 Crores, subject to approval of shareholders. Board has decided to seek approval of members for the said proposed fund raising in the 21st AGM of the Company for which Board has also approved 'Notice for convening the 21st AGM' in this Meeting. The day, date, time, venue along with other requisite details for Meeting will be intimated in due course. The Board meeting commenced at 11:00 am (IST) and concluded at 2:05 pm (IST).
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| United Spirits | 1385.40 |
| United Breweries | 1329.85 |
| Radico Khaitan | 3810.95 |
| Allied Blenders&Dist | 625.10 |
| India Glycols | 947.95 |
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