Corporate Announcement
Security Code : 533007    Company : LGBFORGE    
 
Board Meeting-Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  10/04/2018 13:27:44         Exchange Disseminated Time   10/04/2018 13:27:48              Time Taken   00:00:04
This is to inform you that the Board of Directors of the Company has, at its meeting held on 10th April, 2018, has considered and approved raising of funds upto Rs.28 crores (Rupees Twenty Eight Crores only) by way of offer and issue of equity shares to the existing shareholders of the company on Rights basis (Right Issue), at such issue price and right entitlement ratio as may be decided by the Board in consultation with Lead Manager, subject to necessary approvals, confirmation and consents as may be necessary / required for compliance of applicable law including the provisions of the SEBI (ICDR) Regulations, 2009, SEBI(LODR) Regulations, 2015 and the Companies Act, 2013.

 

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