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| Exchange Disseminated Time | Frontier Leasing & Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 06, 2013, inter alia, has resolved the following:
1. Considered and approved the proposal to raise funds upto to Rs. 15 Crores by issue of 28,500 equity shares to inimitable Capital Finance Private Limited, existing shareholder, on preferential basis, subject to the approval of the shareholders of the Company.
2. Decided to convene an Extra Ordinary General Meeting of the shareholders of the Company on December 05, 2013 at the registered office of the Company to seek approval for the above mentioned matter. |
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