At meeting held on 31 May 2021
The Board of Cravatex at its meeting held on 31 May 2021 has approved investment amount aggregating Rs 5.01 crore in Cravatex Brands, a material subsidiary of the company by way of subscription to 2,97,364 nos. of 0.001% compulsorily convertible preference shares with face value of 100 each at a price of Rs 168.74 each which Cravatex Brands has proposed to offer, issue and allot through a rights issue.Powered by Capital Market - Live News
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