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CG Power to consider preferential allotment equity shares of Standard Chartered Bank (Singapore)

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Capital Market
Last Updated : May 07 2021 | 9:50 AM IST

On 11 May 2021

CG Power & Industrial Solutions announced that a meeting of the Board of Directors is scheduled on 11 May 2021 to consider amongst other businesses, issue of equity shares on preferential allotment basis to Standard Chartered Bank (Singapore), a Qualified Institutional Buyer, as settlement of all obligations under a guarantee issued by the Company and in accordance with applicable laws.

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First Published: May 07 2021 | 9:32 AM IST

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