Cosmic CRF has informed that, pursuant to Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the board of directors of the Company is scheduled to be held on Saturday dated 25th January 2025 at 1.00 PM through physical mode or electronic mode using video conferencing facility to consider and evaluate a proposal for raising of funds, in one or more tranches, through permissible mode(s) and / or combination(s) thereof as may be considered appropriate, by way of issuance of any instruments or securities, through private placement, preferential issue, qualified institutions placement or Warrants convertible into Equity Shares on Preferential Basis, and /or such other methods or combinations thereof as may be decided by the Board, subject to such approvals as may be required, and to transact other businesses with the permission of the Chairperson. The Board may / would also consider convening an extra-ordinary general meeting/postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal of fund raising, as required.
