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Outcome of board meeting of Spentex Industries

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Capital Market
Last Updated : Aug 13 2015 | 8:28 PM IST

Held on 13 August 2015

Spentex Industries announced that the Board of Directors of the Company at its meeting held on 13 August 2015, inter alia, has approved the following:

1. To issue 1,10,95,000 equity shares of Rs. 10/- each to the promoters / promoter group on preferential basis under CDR/CAP/JLF Guidelines issued by Reserve Bank of India.

2. Policy for Selection of Directors & Senior Management and Determining Director's Independence and Remuneration Policy for Directors & Senior Management.

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First Published: Aug 13 2015 | 7:08 PM IST

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