Corporate Announcement
Security Code : 533605    Company : SETUINFRA    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  29/06/2017 19:13:18         Exchange Disseminated Time   29/06/2017 19:13:23              Time Taken   00:00:05
1. Considered and approved acquisition of Damani Multitrade Private Limited. Detailed information and Considered and approved acquisition of Eklavya Shelters Private Limitedas required under Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 is annexed below in Annexure A and B.
3.Considered & taken on record, the confirmation letter received from Mr. Prakash Laddha (on behalf of himself and the Promoter Group)(a)to subscribe the Rights Equity Shares offered to them on their own account, including renounced in their favour by other members of the Promoter and Promoter Group and (b)to subscribe the Rights Equity Shares to the extent of any unsubscribed portion in the Issue.
4.Considered & approved loan from Directors & from other corporate entities belonging to the Promoter Group for acquisition and further subscription, which will be repaid either in cash or by conversion of such loan into Equity Shares, subject to the shareholder's approval.
 

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