Board Meeting8 Jul 2024, 11:59 pm
Advait Infratech Ltd to Consider Fund Raising Proposals up to Rs. 25 Cr in Upcoming Board Meeting
AI Summary
Advait Infratech Ltd has announced a Board Meeting on July 11, 2024, where they will consider proposals for raising funds up to Rs. 25 Crore through various methods such as private placement, preferential issue, qualified institutions placement, or warrants convertible into Equity Shares on a preferential basis. The company may also convene an extra-ordinary general meeting or postal ballot process to seek approval from shareholders.
Key Highlights
- Advait Infratech Ltd to hold a Board Meeting on July 11, 2024
- The Board will consider proposals for raising funds up to Rs. 25 Crore
- Funds may be raised through private placement, preferential issue, QIP, or warrants convertible into Equity Shares
- An extra-ordinary general meeting or postal ballot process may be convened for shareholder approval