A meeting of the Board of Directors of Indo Rama Synthetics India Ltd is scheduled on 15/01/2019, to consider and approve issue on preferential basis Equity Shares to the Promoter Group by way of a Preferential Issue on private placement basis.
The board will also consider issue on preferential basis Equity Shares to the investors other than Promoters by way of a Preferential Issue on private placement basis.
The board will approve proposal to increase Authorised Share Capital of the Company from existing Rs.235,10,00,000/- (Rupees Two Hundred Thirty Five Crores and Ten Lakhs only) to Rs. 275,00,00,000/- (Rupees Two Seventy Five Crores only).
The board will also consider and approve issue of Notice of 3rd Extra-ordinary General Meeting of the Company.
Shares of INDO RAMA SYNTHETICS (INDIA) LTD. was last trading in BSE at Rs.31 as compared to the previous close of Rs. 30.2. The total number of shares traded during the day was 19216 in over 60 trades.
The stock hit an intraday high of Rs. 31.1 and intraday low of 28.7. The net turnover during the day was Rs. 591201.