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Outcome of board meeting of Dynamatic Technologies

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Capital Market
Last Updated : Sep 08 2014 | 8:30 PM IST

Held on 08 September 2014

Dynamatic Technologies announced that the Board of Directors of the Company at its meetings held on 08 September 2014, have approved the issue of equity shares by way of Qualified Institutional Placement (QIP) and / or Preferential Allotment ('PA') and in this regard, have authorized Finance Committee of the Board to do all necessary, acts, deeds and things as may be required to give effect to the QIP / PA including but not limited to deciding the terms of offer, the size of offer, pricing, deciding the Relevant Date, the date / time and venue of Extraordinary General Meeting etc.

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First Published: Sep 08 2014 | 7:42 PM IST

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