|
| Exchange Disseminated Time 30/09/2016 17:37:43 | PTC India Financial Services Ltd has informed BSE that the Board of Directors in their meeting held on September 30, 2016 has considered and approved the following:-
1. Appointed Shri Arun Kumar as the nominee Director of PTC India Limited w.e.f. September 30, 2016, who has ceased to be Director on the date of Annual General Meeting of the Company held on September 28, 2016, pursuant to the provisions of Section 161 of Companies Act, 2013;
2. The proposal of making Preferential Allotment of 8,02,00,000 Equity Shares to the person belonging to the Promoter Category (i.e. PTC India Limited) in terms of Chapter VII of the SEBI (ICDR) Regulations, 2009 and provisions of Companies Act, 2013.
3. Recommended to the shareholder for their approval for authorization to the Board for Issue of secured/ Unsecured Non-convertible Bonds/Debentures through Private Placement up to the limits prescribed in the applicable statues, from time to time.
The meeting of the Board commenced at 04:00 p.m. and concluded at 05:00 p.m. |
|
|