RANE (MADRAS) LTD. - 532661 - Board Meeting Intimation for Prior Intimation Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (SEBI LODR)
RANE (MADRAS) LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2019 ,inter alia, to consider and approve Further, to our letter dated October 21, 2019, referred above, we wish to inform you that a meeting of the Issue and Allotment Committee of the Board of Directors of the Company has been convened on Friday, November 08, 2019 inter-alia to consider and approve: 1.Preferential issue of equity shares and/or convertible securities (warrants) up to Rs.50 Crores to the promoters/promoter group on preferential basis; 2.Determination of issue price; and 3.All matters connected thereto. It may be noted that 'Trading Window' stands closed from November 05, 2019 to November 10, 2019 (both days inclusive) for promoters, directors, other connected persons and designated employees of the Company, in accordance with Rane Code to regulate, monitor and report trading by Insiders and practices and procedures for fair disclosure of unpublished price sensitive information.05-11-2019