Held on 13 August 2015
Dharani Sugars & Chemicals announced that the Board of Directors of the Company at its meeting held on 13 August 2015, inter alia, has considered and approved the following:1. Proposal to issue 1,00,00,000 Equity shares of Rs. 10/- each on preferential basis to the Promoters/ Promoter Group under Section 42 & 62 under Companies Act, 2013 and Rule 13 of Companies (Share Capital and Debentures Rules 2014).
2. Proposal to amend objects Clause of the Company to facilitate trading in commodities such as Agri products, Minerals, Metals and Coal.
3. Proposal for giving the Unit III power plant on Operating, Maintenance and Management Contract.
The above items 1, 2 and 3 seeking approval of the Shareholders in the ensuing Annual General Meeting to be held on 28 September 2015.
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