Outcome of Board Meeting
Cheslind Textiles Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 26, 2012, inter alia, has been transacted the following business:1. Consequent to the shareholder's approval by way of postal ballot on May 31, 2012, Board approved the allotment of 2,22,29,400 Equity Shares @ Rs.10/- each as preferential issue under the approved CDR Scheme to the promoters and lenders for whom in-principle approval has been received from Stock Exchanges....