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Corporate Announcement
Security Code
512047
Company
Royal India Corporation Ltd
Exchange Received Time
05/03/2024 16:08:58
Exchange Disseminated Time
05/03/2024 16:08:59
Time Taken
00:00:01
Board Meeting Outcome for Outcome Of The Board Meeting Held On Tuesday, 05Th March, 2024 |
03/05/24 16:08
The Board of Directors of Royal India Corporation Limited ('Company') in its meeting held today on Tuesday, 05th March, 2024 has granted approval for raising of funds through issuance of Equity Shares or Convertible Shares Warrants or any other instrument through Preferential Issue, or a combination thereof subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the Company in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the Companies Act, 2013 and the rules made thereunder, as amended and other applicable laws. Further, the Board of Directors is authorized to seek investors to raise the required funds as and when required and will intimate the same to the Stock Exchanges.
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