- 542655 - Board approves Rights Issue of equity shares (AGM on Sep 20, 2021)
Vikas Lifecare Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 25, 2021, inter alia, has approved the raising of funds by issuance and allotment of equity shares for up to an aggregate amount of up to Rs. 500 Million (Rupees Five Hundred Million), by way of a rights issue, on such terms, as fully paid-up or partly paid up shares, to be decided by the Board or a duly constituted committee of the Board at a later date, as are in accordance with applicablelaws including Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended up to date.25-08-2021