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Outcome of board meeting of Orosil Smiths India

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Capital Market
Last Updated : Mar 29 2014 | 12:03 AM IST

Held on 27 March 2014

Orosil Smiths India has announced that the Board of Directors of the Company at its meeting held on 27 March 2014, inter alia, have approved the following:

Rectification of the Board Resolution passed in the Board Meeting held on 18 January 2014.

Issue of 3.5% Optionally Convertible Preference Shares and to exercise the option of conversion after minimum period of 5 years from the date of issuance or allotment.

Notice of EGM.

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First Published: Mar 28 2014 | 1:34 PM IST

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