Affle India Limited to consider preferential issue for inorganic growth

A meeting of Board of Directors of the Company is scheduled to be held on Wednesday, December 14, 2022, to consider the proposal for issue of securities (including convertible or non-convertible) through preferential issue and/or any equivalent method permitted by applicable laws or any combination thereof and subject to approval of the shareholders. The purpose for issuance of securities may include issuance to facilitate any inorganic growth of the Company through swap of shares or otherwise.

Source : Equity Bulls

Keywords

AffleIndia PreferentialIssue SecuritiesIssue InorganicGrowth ShareSwap