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Kabra Drugs informs about outcome of board meeting

16 Dec 2023 Evaluate
Kabra Drugs has informed that meeting of Board of Directors of the company was held today Friday 15th December 2023 at registered office at 4:00 PM and concluded at 5:00 PM. The Outcome of the Board Meeting is as under: The Board has authorised KN Anand (Director) to appoint two new directors experienced in pharma field to Broad base ; The Board has also authorised KN Anand (Director) to take steps for appointing channel partners through out the country and to get loan licensencing for manufacturing critical care injections; The Board has authorised KN Anand (Director) to take steps for increasing the authorised capital to 16crores and to bring in new investments in the form of preferential shares or convertible debentures for its expansion programme; The Board has authorised KN Anand(Director )to call for EGM to get the permission from shareholders for the above purpose.

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

Kabra Drugs Share Price

26.42 0.21 (0.80%)
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