In continuation to letter dated 15.03.2024 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations); Himadri Speciality Chemical has informed that the Board of Directors of Himadri Speciality Chemical (Company) at its meeting held today, i.e., on 20.03.2024 has considered and approved the following: Acquisition of 40% equity shares of Invati Creations; Issue of Equity Shares of the Company on preferential basis, for consideration other than cash; Preferential issue of warrants; and seeking approval of shareholders for issuance of securities on a preferential basis through Postal Ballot. The Meeting of the Board of Directors commenced at 11.00 am (IST) and concluded at 12:50 pm (IST).
The above information is a part of company’s filings submitted to BSE.
