At meeting held on 28 August 2015
Olympia Industries announced that the Board of Directors of the Company at its meeting held on 28 August 2015, inter alia, has considered and approved the following:1. Subject to the approval of members of the Company and appropriate authorities, the Board has decided to issue and allot 30,00,000 Convertible Warrants of Rs. 10/- each to Promoters and strategic investors on preferential basis pursuant to Section 62 of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirement) Regulation, 2009.
2. Appointment of Vinod Kumar Mandawaria, Company Secretary, of M/s. V. K. Mandawaria & Co. Company Secretaries, as the Scrutinizer for conducting the e-voting process for ensuing Annual General Meeting.
Powered by Capital Market - Live News
