Asit C.Mehta Financial Services has informed that Board of Directors of the Company at its meeting held earlier today, April 19, 2023, has considered and approved the proposal for raising of funds by issuance of equity shares through rights issue to eligible equity shareholders of the Company (to be determined and informed subsequently), subject to requisite statutory approval(s). Kindly note the information related to the proposed right issue, including but not limiting to the issue size, issue price, rights entitlement ratio, record date, timing and other material matters shall be determined and informed in due course. Further, the Board Meeting commenced at 11:00 am and concluded at 11:30 am
The above information is a part of company’s filings submitted to BSE.
