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Vishvprabha Ventures informs about outcome of committee meeting

27 Nov 2021 Evaluate

With reference to outcome of the Board meeting held on November 12, 2020 wherein the Board of Directors of the Company had constituted a Right Issue Committee and approved the issuance of equity shares on rights basis and pursuant to Regulation 62(1)(a) of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2015, Vishvprabha Ventures has informed that the Company has obtained In-Principle Approval from the exchange for the proposed rights  issue  dated  September  02,  2021. Further, the Rights Issue Committee constituted by the Board of Directors of the Company has, at its meeting held on Friday, November 26, 2021 considered and approved the matters as attached.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Grasim Industries 3067.50
DCM Shriram 913.70
3M India 31965.00
Hindustan Foods 577.95
Balmer Lawrie & Co 161.25
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