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Exchange Disseminated Time 31/05/2017 10:41:51 | Prakash Constrowell Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2017, inter alia, has transacted the following:
- Considered and approved further issue of shares through Rights issue of equity shares aggregating to not more than Rs. 48.50 crore in accordance with SEBI (ICDR) Regulations and other applicable law subject to the approval of the Members of the Company through postal ballot by way of passing special resolution under Section 42 and 62 of the Companies Act, 2013 and other necessary regulatory approval. |
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