At meeting held on 13 July 2017The Board of Directors of AksharChem (India) in their meeting held on 13 July 2017 has reiterated and re-endorsed the resolution of the Board of Directors dated 14 November 2016 and as approved by the shareholders of the Company by way of a special resolution, through a postal ballot, the results of which were declared on 04 January 2017, for fund raising by way of a qualified institutions placement of equity shares of face value of Rs. 10 of the Company.
The Board has authorised the QIP Committee to determine the detailed terms and conditions thereof.
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