Ganges Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/10/2020 ,inter alia, to consider and approve In furtherance of our letter dated September 28, 2020 and pursuant to Regulation 29 and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors is scheduled to be held on Monday, October 12, 2020 to inter alia consider and approve the allotment of 8.5% unlisted Non Convertible Cumulative Redeemable Preference Shares ('NCCRPS') of Rs. 100/- each to existing holders of such Preference Shares, in lieu of the redemption of 1,50,000, 12% NCCRPS together with unpaid dividend, in terms of the approval accorded by the National Company Law Tribunal , Allahabad Bench by an order dated September 24, 2020 under Section 55(3) of the Companies Act, 2013.