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Board of Castex Technologies to consider proposal for infusion of fresh equity

Capital Market 

On 30 November 2016

Castex Technologies announced that a meeting of the Board of Directors of the Company is scheduled to be held on 30 November 2016, to consider the proposal of infusion of fresh equity by the new investors and restructuring of the company as proposed by investors.

Simultaneously, a joint meeting of Board of Directors of Amtek Auto , Metalyst Forgings, Castex Technologies and ARGL is also being convened to discuss the outcome of the individual Board Meeting and deliberate on the infusion of fresh equity by the new investors and restructuring as proposed by investors.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 28 2016. 10:05 IST
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