Emerald Finance has informed that the Board of Directors of Emerald Finance (the Company) at its meeting held on 26.11.2024, has, considered the following: Approved the issuance of up to 10,00,000 (Ten Lac only) equity shares of Rs 10 each at a premium of Rs. 90 each to the Investors by way of Preferential Issue, who shall be non-promoters of Company, subject to permission of members. The details as required under SEBI and LODR Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 with respect to Issuance of Securities enclosed as Annexure A to this letter.; Convening an Extraordinary General Meeting (EGM) on 21.12.2024, in order to seek the approval of the shareholders of the Company and the Board has approved the draft of the notice for same. The notice of the said EGM shall be submitted to the Stock Exchanges in due course in compliance with the provisions of the Listing Regulations; The Board has fixed 22.11.2024 as the cut- off date for the purpose of determining the name of shareholder(s) for the purpose of dispatch of Notice of EGM along with the details of E-voting to the shareholders; The Board has appointed CS Kanwaljit Singh, Company Secretary in Practice (Membership No. FCS 5901), as Scrutinizer for scrutinizing the E-voting process in a fair and transparent manner. The Board Meeting commenced at 11.00 AM and concluded at 11.35 PM.
The above information is a part of company’s filings submitted to BSE.
