Shemaroo Entertainment Ltd - 538685 - Outcome of Board Meeting
The Board has considered and approved the following: Unaudited Financial Results of the Company, both on standalone and consolidated basis for Q2H1 2019-2020 Raising of funds for an aggregate amount of upto Rs 250 Crores in one or more tranches, by way of issue of equity shares/preference shares or any other instruments or security including fully/ partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares or any other eligible securities through qualified institutions placement, private placement/public issue of equity/ debt securities, preferential issue or through any other permissible mode and/ or combination thereof as may be considered appropriate, subject to such approvals as may be required including the approval of the members at a general meeting or through postal ballot and further subject to such other statutory/ regulatory approvals, as applicable.17-10-2019