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| Exchange Disseminated Time 05/08/2016 18:07:03 | India Glycols Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 05, 2016, inter alia, has considered and approved the following:
- Enabling raising of funds, subject to the approval of the members, for an amount not exceeding Rs. 250 Crores (Rupees two hundred fifty crores) or its equivalent in any other currency, by way of issuance of securities including through public offering/ private placement/ qualified institutional placement or otherwise, in terms of the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable guidelines/ provisions.
Further, the above said Board Meeting commenced at 15.45 hrs and concluded at 17.15 hrs. |
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