Pursuant to Regulations 29 and all other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Vishnu Chemicals has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 28th August, 2024, to consider and approve the variation of the preference shareholders’ rights in terms of conversion of existing 7,66,37,500 7% Cumulative Redeemable Preference Shares (‘CRPS’) to 7,66,37,500 7% Compulsory Convertible Preference Shares (‘CCPS’) and issuance of equity shares arising on conversion thereof, subject to the approval of shareholders and such other regulatory, statutory authority(ies), as may be required. Further, as per the Company's Code of Conduct to Regulate, Monitor and Report trading by its designated persons and immediate relatives of designated persons (‘Code’), the trading window for dealing in securities of the company will be closed for designated persons and their immediate relatives with effect from 23rd August, 2024 till 48 hours after the conclusion of meeting of Board of Directors of the Company to be held for the above purpose have been disseminated to the stock exchanges. This information is also being made available on its website www.vishnuchemicals.com.
The above information is a part of company’s filings submitted to BSE.
