Si Capital & Financial Services has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Saturday, April 08, 2023, through video conferencing / other audio-visual means, to consider various options for raising funds through borrowings including by the way of issuance of redeemable non-convertible debentures in onshore/offshore market by way of private placement/preferential allotment Basis or any other mode as decided by the Board of Directors on the prevailing market conditions, subject to such statutory/ regulatory approvals as may be necessary including the approval of shareholders of the Company, wherever required. The Board would also consider convening an extra-ordinary general meeting / postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal of fund raising, as required.
The above information is a part of company’s filings submitted to BSE.
