Almondz Global Securities has informed that following are the outcome of the meeting of the Board of Directors of the Company held today, i.e. 18th December,2023: Approval of the Additional Investment amounting upto Rupees Twelve Crore Six Hundred Six By Way of Subscribing Equity Shares Issued By Almondz Global Infra Consultants (Wholly Owned Subsidiary Company), Approval of the redemption of 1200000 preference shares of face value of rupees 100 each at a value of rupees 100 each and Approval to drop the proposal transfer of Stock Broking and Depository Participant undertaking as a going concern on a 'slump sale basis' to the wholly owned subsidiary company namely, Almondz Financial Services. The meeting of the Board of Directors commenced at 12:30 pm and concluded at 14.10 pm.
