Held on 17 April 2018
Bio Green Papers announced that the Board of Directors of the company at its meeting held on 17 April 2018 approved the following -1.Decided to acquire 49% stake in Challenger Crop Care Technologies (hereinafter to be referred as 'CCCTPL') through share swap subject to approvals from statutory agencies.
2.Decided to convert unsecured loans amounting to Rs. 2 crore into preference shares at a coupon rate.
3.Decided to increase the authorized capital of the company subject to approvals from statutory agencies.
4.Decided to hold EGM on 15 June 2018 for the above mentioned purposes. There will not be any book closure or record date for the purpose of EGM.
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