Shivam Autotech has informed that the Company has conducted the Meeting of Board of Directors of the Company today as scheduled and the following business were transacted. The Board meeting was commenced at 11:00 AM and was concluded at 11:37 AM: Approved the Fund-Raising proposal by way of issuance of secured unlisted, unrated redeemable Non-Convertible Debentures up to an amount of Rs 50 Crore by way of private placement in terms of applicable rules/regulations. Enclosed the details as required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure I.
The above information is a part of company’s filings submitted to BSE.
