Aarti Surfactants has informed that the Right Issue Committee of the Board, at its meeting held on Friday, November 25, 2022 has approved the following terms of the Rights Issue: Partly paid-up equity shares having a face value of Rs 10 each (‘Equity Shares’) upto Rs 49.60 crores; and Fedex Securities has been appointed as 'Lead Manager/ Merchant Banker' in respect of the said issue and to carry out the process of due diligence. The Meeting of the Right Issue Committee of the Board of Directors of the Company commenced at 10:30 am and concluded at 3.15 pm.
The above information is a part of company’s filings submitted to BSE.