Panyam Cements & Mineral Industries has informed about outcome of the Twelfth Implementation and Monitoring Committee meeting held on Tuesday, 20th December, 2022 under Regulation 30 of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The board has approved following key agenda: to approve the Issue of equity shares to the Resolution Applicants, RV Consulting Services, Sagar Power and Dr. Srinisha Jagathrakshakan and filing application with BSE for In- Principal Approval to the Preferential Issue; etc.
The above information is a part of company’s filings submitted to BSE.