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Board Meeting Outcome - Fundraising Plans by Rohit Rathod is a document available to read on EtoBox.

1. The Board of Directors of Remsons Industries Limited approved raising up to Rs. 63 crores through a preferential allotment of equity shares and warrants. 2. The allotment includes 2,70,000 convertible warrants to promoters and 1 promoter group entity, and 10,42,400 equity shares to 4 FPIs and 2 bodies corporate/individuals. 3. Shareholders approval will be sought through an EGM on December 20th for the preferential allotment and formation of a joint venture with Aircom Group AG to manufacture tyre pu

Author
Rohit Rathod
Language
EN