Held on 25 November 2017
Rasandik Engineering Industries India announced that the Board of Directors of the Company at its meeting held on 25 November 2017, inter alia, has considered and approved the following --- Recommended to the shareholders of the Company for their approval through postal ballots for Further Issue of Securities of upto Rs. 400 million through a Qualified Institutions Placement in accordance with Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, relevant provisions of the Companies Act, 2013, as amended and other applicable laws and subject to receipt of necessary approvals.
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