Bisil Plast has informed that board meeting of Board of Directors of the company duly convened and held today, Tuesday 04 March 2025 at Office No. 702/3 7th Floor Shilp Aaron Sindhu Bhavan Road Thaltej Ahmedabad 380059, the Board of Directors has transacted following businesses: Further to the intimation on the outcome of the meeting of the Board of Directors of the Company (Board) Dated February 27, 2025, where the issue of equity shares of the Company of face value of Rs. 1 (Rupee One Only) each ('Equity Shares’) was approved by way of a rights issue for an aggregate amount not exceeding Rs. 49 Crores/- (Rupees Forty Nine Crores Only) (Rights Issue), in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, and the Companies Act, 2013 and the rules made thereunder, as amended from time to time, (‘Rights Issue’); The Board of Directors at its meeting held today, Tuesday 04 March 2025 have, considered and approved the terms of the Rights Issue as details enclosed.
The above information is a part of company’s filings submitted to BSE.
