Outcome of Board Meeting
Smilax Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 14, 2013, decided that in accordance with regulations of Chapter VII of the SEBI (ICDR) Regulations, 2009 and section 81(1A) of the Companies Act, 1956, and subject to the approval of shareholders, Stock Exchanges and other regulatory authorities if any, raise Rs. 2,00,00,000/- (Rupees Two Crores Only) on preferential basis in order to...