Board Meeting Intimation for Prior Intimation Under Regulation 29(1)(D) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

• Security Code: 500016
• Company: ARUNAHTEL

ARUNA HOTELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/08/2018 ,inter alia, to consider and approve 1. To consider and approve raising of funds through rights issue in compliance with the applicable provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended and Companies Act, 2013;
2. To consider and approve raising of funds through unsecured loans aggregating upto
50 Crore with an option to convert into equity shares of the Company in accordance with the relevant provisions of the Companies Act, 2013;