Corporate Announcement
Security Code : 512179    Company : SUNTECK    
 
Board Meeting-Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  04/06/2018 16:17:56         Exchange Disseminated Time   04/06/2018 16:18:04              Time Taken   00:00:08
Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company have on June 4, 2018 approved a proposal for an increase in the investment limits by Registered Foreign Portfolio Investors (RFPIs) including Foreign Institutional Investors (FIIs) from the existing limit of 24% to 49% of the paid up equity share capital of the Company. This is subject to the approval of the shareholders and other statutory approvals, if any. The increase will make available more limits for the RFPIs/ FIIs to invest in the equity share capital of the Company.

This is for your kind information and records.
 

Disclaimer

Back To Announcements