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Synergy Green Industries informs about outcome of board meeting

14 Mar 2024 Evaluate
Synergy Green Industries has informed that Meeting of the Board of Directors of the Company held on Thursday, March 14, 2023, at the Registered Office of the Company through Video Conference at 11.00 am discussed and approved the following: (outcome of the Meeting); Raising funds through issue of fully paid-up equity shares on rights basis to the existing equity shareholders of the Company, in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the Rights Issue); Further, the Board has constituted a “Rights Issue Committee” and authorized its members to decide on the terms and conditions of the Issue, including but not limited to, the final Issue size/amount, rights entitlement ratio, the issue price, record date, timing of the Rights Issue, approval of draft letter of offer; appointment of intermediaries and legal counsel, if required; allotment of shares and other related matters;. Further the Board has appointed Beeline Capital Advisor as Merchant Banker and Arm Research as an Underwriter to the Issue.

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

Synergy Green Inds. Share Price

517.45 2.65 (0.51%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
AIA Engineering 4003.50
Alicon Castalloy 700.75
Nelcast 135.85
Steelcast 297.30
Synergy Green Inds. 517.45
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