RPSG Ventures Ltd - 542333 - Board Meeting Outcome for Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Outcome Of Board Meeting
I. Re-classification of authorised share capital and consequent alteration of memorandum of association subject to appropriate sanctions, permission and approvals including shareholders'' approval and statutory and regulatory approvals, as may be required. 2. Issuance ofupto 30,00,000, 3 % Compulsorily Convettible Non-Cumulative Preference Shares ("CCPS") of the face value of Rs. IO each, to Integrated Coal Mining Limited, a member of the promoter group of the Company, for cash, at a price of Rs 780 per CCPS i.e. inclusive of a premium of Rs. 770, for an aggregate value not exceeding Rs. 234 Crore, on private placement basis in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 20 18 ("SEBI ICDR Regulations") and other applicable laws and subject to such appropriate sanctions, permission and approvals including shareholders'' approval and statutory and regulatory approvals, as may be required.13-01-2022