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Outcome of board meeting of Gujarat Natural Resources

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Capital Market
Last Updated : Apr 17 2018 | 10:04 AM IST

Held on 16 April 2018

The Board of Gujarat Natural Resources at its meeting held on 16 April 2018 has approved the following -

1. Considered and approved the allotment of 2,50,00,000 Convertible Warrants

2. Considered and approved increase of authorised share capital of the Company from Rs. 40,00,00,000 consisting of 4,00,00,000 equity shares of Rs. 10 each to Rs. 65,00,00,000 consisting of 6,50,00,000 equity shares of Rs. 10 each.

3. Approved the draft Notice calling Extra-Ordinary General Meeting (EGM) for seeking shareholders' approval for the aforesaid matters.

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First Published: Apr 17 2018 | 9:23 AM IST

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