Justride Enterprises has informed that the meeting of the Board of Directors of the Company is scheduled on 21/10/2023, to consider and approve adoption of new business activities, in line with company's long-term growth strategy, which could be conveniently and advantageously be combined with the existing operations of the Company and consequent alteration in Object Clause (clause III) of Memorandum of Association of the Company; funds raising, as per the approved business plan and its requirements, by way of issue of equity shares/convertible instruments/other securities through preferential allotment, right issue or any other method/procedure defined under the Companies Act, 2013 and SEBI Guidelines or combination thereof, in one or more tranches; increase in the Authorised Share Capital of the Company and consequent alteration of Memorandum of Association of the Company; to seek members' approval wherever applicable by means of passing the requisite resolution(s) for the above-said board decisions and other matters connected therewith and/or incidental thereto; and to consider and approve any other item(s).
The above information is a part of company’s filings submitted to BSE.
