Tirupati Starch & Chemicals has informed that the Board of Directors of the Company in the Board meeting held at shorter notice on Monday, 12th December 2022, at 10:30 AM at the registered office of the Company has considered and approved the Draft letter of Offer [Form PAS-4; Private Placement Offer Letter] for allotment of 10,90,800 equity shares on preferential basis in accordance with the special resolution passed in Annual General Meeting dated 28th September 2022 and in whose regard in-principle approval is received from BSE dated 09th December 2022. The meeting of Board of Directors commenced at 10:30 AM and concluded at 11:50 AM.
The above information is a part of company’s filings submitted to BSE.
