Nova Agritech has informed that the meeting of the Board of Directors of the Company held today Saturday, 22nd June, 2024, have considered and approved the following: Investment in Nova Agri Sciences (Wholly-owned Subsidiary) up to ? 35,28,65,000/- by way of subscription to 35,28,650 Unsecured Optionally Convertible Debentures (OCDs) of face value of ?100/- each at par, in one or more tranches, based on the recommendation of the Audit Committee of the Company. (Disclosure as required under SEBI Circular dated 11th July, 2023 is enclosed as Annexure A). The meeting of Board of Directors commenced at 11.35 am and concluded at 12:00 Noon.
| Company Name | CMP |
|---|---|
| UPL | 659.60 |
| PI Industries | 3114.60 |
| Bayer CropScience | 4933.30 |
| Sharda Cropchem | 1100.65 |
| Sumitomo Chemical | 424.80 |
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