DMR Hydroengineering & Infrastructures Ltd - 543410 - Board Meeting Outcome for Intimation For Outcome Of The Board Meeting
This is to inform you that the Board of Directors of the Company at its meeting held on July 01, 2024 has inter alia: 1. The Board of Directors has considered and approved raising of funds by way of offer and issue of equity shares to the existing members of the Company on rights basis (Rights Issue), at such price and right entitlement ratio as may be decided by the Board, for an amount aggregating up to Rs. 4 crores (Rupees Four Crore only). 2. Appointment of KFin Technologies Limited as Registrar and Share Transfer Agent ('RTA') to carry out all the obligation with the right issue of equity shares. 3. Appointment of GYR Capital Advisors Private Limited ('Merchant Banker') as Advisor to carry out all the obligation with the right issue of equity shares and seek listing permission from BSE Limited.01-07-2024