Supra Pacific Management Consultancy has informed that the Board of Directors of the company in their meeting held on Saturday, 26th November 2022, has considered and approved the following: The Board of Directors considered and approved the allotment of secured, unrated, unlisted, redeemable Nonconvertible Debentures aggregating up to Rs 4,22,00,000, The Board of Directors considered, approved the cancellation/ withdrawal of unsubscribed portion of the secured, unrated, unlisted, Non-convertible Debentures up to an amount Rs 7,78,00,000, The Board of Directors considered, approved the issuance of secured, unrated, unlisted, Non-convertible Debentures on Private Placement Basis aggregating up to Rs 12,00,00,000 and The Board of Directors considered and approved the issue of notice for passing of resolution by means of Postal Ballot along with explanatory statement and calendar of events of Postal Ballot to transact the following businesses: Reclassification of Sanat Multitrade from Promoter Group to ‘Public’ Shareholder Category, Change of name of the company, Appointment of Kanjirikkapallil Saithumuhammad Anvar (DIN:09763977) as Independent Director to the Board of the company, Approval of Inter Corporate Loan amounting Rs 10 Crore from Centreal Bazar India, The Board of Directors approved the appointment of Scrutiniser to conduct the Postal Ballot process in fair and transparent manner, The Board of Directors considered and reviewed the Business Operations & Prospects of the Company and Other items with the permission of the chair. The meeting started at 10:30 am and concluded at 12:15 pm.
The above information is a part of company’s filings submitted to BSE.
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| Chola Invest & Fin. | 1676.05 |
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