SHRIRAM EPC LTD. - 532945 - Board Meeting Intimation for Board Meeting To Consider Issuance And ...
BSE India
SHRIRAM EPC LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/03/2021 ,inter alia, to consider and approve We wish to inform that pursuant to Regulation 29(l)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the board of directors of the Company is scheduled to be held on Wednesday, the 10th March, 2021 to inter alia discuss and consider the issuance and allotment of Redeemable Preference Shares to the Lenders of the Company in lieu of their Loan up to Rs.350 crores, subject to approval of the Lenders and obtaining necessary statutory approvals from the shareholders, stock exchanges and other regulatory authorities. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the outcome of the Board Meeting will be intimated immediately on completion of the meeting. Kindly take the same on record and confirm.