HIMATSINGKA SEIDE LTD. - 514043 - Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors ('Board') Held On January 25 ,2024
We hereby inform you that the Board at its meeting held on January 25, 2024, has approved the following: I. Raising of funds by way of issuance of Equity Shares or any other eligible securities or a combination thereof ('Securities'), in one or more tranches for an aggregate amount not exceeding INR 400 Crores, by way of one or more Qualified Institutions Placement ('QIP'), subject to approval of the shareholders. II. Increase in Authorized Share Capital of the Company, subject to approval of the shareholders III. Alteration in Capital Clause of the Memorandum of Association IV. Appointment of Mr. Ravi Kumar (DIN: 02362615) as an Additional Independent Director. V. Investment of an amount upto Rs. 16.45 crores in the equity share capital25-01-2024
