Business Standard

Outcome of board meeting of Ventura Textiles

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Capital Market

Held on 24 August 2016

Ventura Textiles announced that the Board of Directors of the Company at its meeting held on 24 August 2016, has considered & approved, subject to the approval of the members of the Company, to issue, offer and allot not exceeding 20,00,000 (Twenty Lakh) 0% Optionally Fully Convertible Debentures ('OFCDs') of Rs.10/- each to M/s. Sai Creation on private placement basis, at an issue price to be arrived as per Regulation 76 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

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First Published: Aug 24 2016 | 8:06 PM IST

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