Mehai Technology has informed that the meeting of the Board of Directors of the Company is scheduled on 02/03/2023, to consider and approve proposal to issue equity shares to the existing shareholders on Right Basis, as may be permitted under applicable law, subject to such regulatory/statutory approvals, as may be required; Increase in Authorised Share Capital of the Company; Appointment of a Merchant Banker as Lead Manager to the Rights issue; and any other matter with the permission of the Chair.
The above information is a part of company’s filings submitted to BSE.
