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Outcome of board meeting of Jaihind Synthetics

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Capital Market
Last Updated : Sep 10 2015 | 12:03 AM IST

Held on 09 September 2015

Jaihind Synthetics announced that the Board of Directors of the Company at its meeting held on 09 September 2015, inter alia, has approved the following:

1. Ratification for the appointment of the Statutory Auditors.

2. Preferential Allotment of Equity Shares upto Rs. 5 crore.

3. Adoption of Code of practices and procedures for fair disclosure of unpublished price sensitive information and Code of Conduct for prevention of Insider Trading.

4. Fixation of Borrowing Limits inter-alia creation of charges and adoption of new set of articles as required under Companies Act, 2013.

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First Published: Sep 09 2015 | 1:56 PM IST

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