Nagarjuna Agri Tech has informed that the Board of Directors at their Meeting considered and approved the following: 1.The proposal to increase the Authorized Share Capital 2The acquisition of 100% of the Equity Share Capital of Allenby ('Selling Company') , subject to the approval of the shareholders of the Company. 3. To Issue, subject to the approval of the shareholders of the Company and the Stock Exchange, up to 2,12,86,020 Equity Shares of Rs. 10/-each at an issue price of Rs. 68/- each on preferential basis ('Preferential Issue') for consideration other than cash (i.e., swap of shares) to the shareholders of Allenby (Selling Company) 4.This said share swap transaction also amounting to a related party transaction under section 188 of the companies Act, 2013 read with regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company will take appropriate approval from the members in this regard. 5.Other matters.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
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| Adani Enterprises | 2404.05 |
| Amrapali Industries | 18.00 |
| Rashi Peripheral | 458.60 |
| PDS | 274.45 |
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