In continuation to outcome of meeting of Board of Directors dated October 18, 2021 where they approve raising of fund through Rights Issue upto Rs 25 Crore and in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kreon Financial Services has informed that a meeting of the Board of Directors of the Company will be held on Thursday, October 28, 2021 to consider, transact the following businesses: To consider and approve the proposal for various other avenues for raising funds to meet capital requirements of the Company.
The above information is a part of company’s filings submitted to BSE.