COMPUAGE INFOCOM LTD. - 532456 - Outcome of Board Meeting
Pursuant to Reg. 30 of the SEBI (LODR) Reg, this is to inform you that BOD of the Company met on 31.01.2019 at the registered office of the Company at 11.00 a.m. and concluded at 12.00 noon have, inter-alia, taken following decisions: 1.To increase the Authorized Share Capital Rs.22,67,00,000/- to Rs.30,30,06,560/- and consequential amendments to MOA of the Company. 2.In accordance with applicable provisions of the Comp Act, 2013 and Chp V - Preferential Issue of SEBI (ICDR) Reg, 2018, considered and approved raising of funds aggregating up to Rs.27 Cr. a. of which, an amount up to a max of Rs.17 Cr shall be through issuance of Equity Shares of face value of Rs.2/- each of the Company pursuant to a preferential issue. b. of which, an amount up to max of Rs.10 Cr shall be through issuance of OCPS of face value of Rs.10/- each of the Company ('OCPS') on Preferential basis 3. EGM notice is also considered and approved to seek Shareholders approval. Please refer the attachment for details.31-01-2019