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Vikas Lifecare informs about outcome of board meeting

20 Dec 2024 Evaluate
Vikas Lifecare has informed that the meeting of the Board of Directors of the Company held today, Friday, December 20, 2024 at the Registered Office of the Company at G-1, 34/1, Vikas Apartment, East Punjabi Bagh, Delhi-110026, Approve Raising Of Funds And Issuance Of Securities By The Company in order to augment the long-term resources and to fund organic/inorganic growth opportunities in the area of the company’s operations and adjacencies, raising of funds, subject to all necessary approval, as applicable, by way of issuance of equity shares or any combination thereof through QIP, FCCB, Further Public Offering and Rights issue or through any other permissible mode or any combination thereof, in one or more trenches for an aggregate amount not exceeding Rs. 200 Crore (Rupees Two Hundred Crore); increase the Authorized Share Capital of the Company from Rs 200,00,00,000 (Rupees Two Hundred Crores) to Rs. 235,00,00,000 (Rupees Two Hundred and Thirty-Five Crores) and consequent amendment in Clause V of the Memorandum of Association of the company; to seek members’ approval wherever necessary through the process of postal ballot and approved draft notice of the Postal Ballot and authorized Director/ KMP to issue the same to the concerned, appointment of Scrutinizer and matters related thereto.

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

Vikas Lifecare Share Price

1.61 -0.01 (-0.62%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 216.55
Adani Enterprises 2286.65
Amrapali Industries 17.63
Rashi Peripheral 461.70
PDS 278.40
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