S.I. Capital & Financial Services has informed that the Board of Directors of the Company has at its meeting held today has considered and approved the following items: Fund raising program of the company for FY 2022-23 which includes issuance of Secured Unlisted Redeemable Non-Convertible Debentures up to the overall limit of Rs 1.5 crores by way of private placement in one or more tranches, as may be decided by the Board/ Committee thereof from time to time, Board of Directors also constituted a committee to consider and approve the quantum, terms and conditions and other ancillary matters as may be required for the purpose of issuance of NCDs and Proposed to appoint Kuriakkose Paul Kannanaikkal as an Additional Director subject to receipt of the prior approval from the Reserve Bank of India. The Board Meeting commenced at 02.37 pm and concluded at 02.49 pm. Details as required under Regulation 30 of Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is set out in Annexure A is enclosed. The above information will be made available on the Company’s website at www.sicapital.co.in.
The above information is a part of company’s filings submitted to BSE.
