Don’t miss the latest developments in business and finance.

Board of Sita Shree Food Products approves QIP issue of upto Rs 20 crore

Image
Capital Market
Last Updated : Dec 05 2016 | 3:47 PM IST

At meeting held on 05 December 2016

Sita Shree Food Products announced that a meeting of the Board of Directors of the Company is held on 05 December 2016, the board have approved raising of funds through Qualified-Institutions Placement of equity shares / Convertible securities or such other securities in one or more tranches upto Rs. 20 crore subject to approval of members in general meeting and in compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements] Regulations, 2009 and the Companies Act, 2013 and the rules made thereunder.

Powered by Capital Market - Live News

Also Read

First Published: Dec 05 2016 | 2:58 PM IST

Next Story