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Board of Scanpoint Geomatics approves rights issue

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Capital Market
Last Updated : Dec 15 2016 | 9:13 AM IST

At meeting held on 14 December 2016

Scanpoint Geomatics announced that the Board of Directors of the Company at its meeting held on 14 December 2016, considered and accorded a fresh approval, subject to necessary approvals as may be required, to issue equity shares by way of right issue to the existing shareholders of the Company for an amount in aggregate up to Rs. 30 crore in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and other applicable laws, rules and regulations.

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First Published: Dec 15 2016 | 8:56 AM IST

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