Sonalis Consumer Products Ltd - 543924 - Board Meeting Outcome for Outcome Of Board Meeting.
1. Raising of Funds by issue of Equity Shares for an aggregate amount not Exceeding Rs.23000000 (Two Crore Thirty Lacs Only) through Private placement or Qualified Institutions Placement (QIP), or preferential Allotment or through a combination thereof or any other alternative mode, as may be considered appropriate, subject to approval of the Shareholders a government/ regulatory/ statutory approval, and requirements, as applicable. 2. Approved the Increase in Authorized Share capital of the Company from the Existing Authorized Share capital of Rs. 2,00,00,000/- (Rupees Two Crore) divided into 20,00,000 (Twenty Lakhs Only) Equity Shares of Rs.10/- (Rupees Ten Only) each to Rs. 25,00,00,000/- (Rupees Twenty-Five Crore only) divided into 2,50,00,000 (Two Crore Fifty Lakhs Only) Equity Shares of Rs.10/- (Rupees Ten Only) each and consequential alteration in the Capital Clause of the Memorandum of Association, Subject to Shareholder's approval.27-03-2024