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Gpt Infraprojects informs about outcome of board meeting

05 Jul 2024 Evaluate
Gpt Infraprojects has informed that with reference to the letter GPTINFRA/CS/SE/2024-25 dated July 02, 2024 and in terms of Regulation 30 and other applicable provision of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, read with related circulars and notifications, following matters were approved by the Board of Directors in its meeting held today, July 05, 2024: a) Raising of funds through issuance of instruments or security including equity shares or any other eligible securities by way of one or more public and/or private offerings including on a preferential allotment basis and/or a qualified institutions placement for an amount not exceeding ? 175 Crores in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the SEBI ICDR Regulations) and/or any other permissible mode(s), in accordance with the SEBI ICDR Regulations and other applicable regulations, subject to necessary approvals including the approval of the members of the Company and such other regulatory/ statutory approvals as may be required; Constitution of Fund Raising Committee of the Board of Directors of the Company for dealing with all matters pertaining to the proposed fund raising; and c) Issuance of notice convening meeting of the shareholders of the Company for seeking approval of the shareholder with respect to the proposed fund raising. The details, as required to be disclosed under Regulation 30 read with SEBI circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are also enclosed as Annexure A.

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

GPT Infraprojects Share Price

115.76 1.33 (1.16%)
21-Apr-2026 16:59 View Price Chart
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