At meeting held on 15 June 2015
Surana Corporation announced that the Board of Directors of the Company at its meeting held on 15 June 2015, has approved the Postal Ballot Notice:- Ratification of CDR package by shareholders.
- To offer, issue and allot in one or more tranches, fully paid up equity shares, at a price to be determined in accordance with the SEBI Issue of Capital Disclosure Requirement (ICDR) Regulation, 2009 and applicable laws by way of preferential allotment to the promoters (individuals) of the Company being their Equity Contribution as permitted by the CDR package.
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