Desktop Site
|
26 Sep 24 | 16:00
|
Close
Equity
SME
Eq Drv
Currency
Commodity
Corporates
Watch List
Get Quote
*
Notices
|
BSE SENSEX
85,836.12
+666.25
+0.78 %
Corporate Announcement
Security Code
500254
Company
UTTAM VALUE STEELS LTD.
Exchange Disseminated Time
Outcome of Board Meeting (EGM on Jan 21, 2017) |
12/23/2016 2:49:32 PM
Uttam Value Steels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 23, 2016, inter alia, has considered and approved the following business:
1. Subject to the approval of shareholders, conversion of Loan amount into equity shares to the lenders under Strategic Debt Restructuring (SDR) circular of RBI as per the decision of Joint Lenders Forum (JLF) of the Company through preferential route in terms of SEBI guideline.
2. Notice for convening the Extra Ordinary General Meeting of the Shareholders of the Company on January 21, 2017 to consider and approved the aforesaid business.
3. Appointment of Mr. V.B. Kondalkar from V. B. Kondalkar & Associates, Practising Company Secretary as Scrutinizer for conducting E-voting process in fair and transparent manner.
4. Shri Rajeev Kumar has been appointed as Nominee Director of IDBI in place of Shri. S. K. Sachdev whose nomination has been withdrawn by IDBI.
<< Back
Recently Viewed