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Outcome of board meeting of Karuturi Global

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Capital Market
Last Updated : Feb 02 2018 | 6:50 PM IST

Held on 02 February 2018

The board of Karuturi Global at its meeting held on 02 February 2018 has approved the following -

Raising of funds by way of issue of 40 crore equity shares through Qualified Institutional Placement.

Increase in authorised share capital to Rs 200 crore and alter MoA and AoA of the company.

Consolidation of equity share capital of the company from face value of Re 1 each to face value of Rs 10 each.

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First Published: Feb 02 2018 | 6:24 PM IST

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