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Generic Engineering Construction and Projects informs about board meeting outcome

14 Jan 2023 Evaluate

Generic Engineering Construction and Projects has informed that the Board of Directors of the Company in their meeting held on January 13, 2023 consider and approve the following matter amongst other: 1. Subject to approval of Shareholder, increase in Authorized Capital of the Company 2. Subject to approval of Shareholder, issuance of Equity Shares 3. Subject to approval of Shareholder, issuance of fully convertible warrants 4. Approval of EGM Notice.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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