Held on 12 May 2017Sunil Hitech Engineers announced that the Board of Directors of the Company at its meeting held on 12 May 2017 has approved the following -
Increase in authorised capital from Rs 60 crore to Rs 80 crore.
Issue of 12.40 crore convertible warrants on preferential basis to promoters and non-promoters.
To raise funds up to Rs 250 crore through rights issue, private placement, ADRs, GDRs, FCCBs.
Shifting of Registered office to 72, 7-Floor, Plot 15-A, Sagar Tarang CHS, Khan Abdul Gaffar Khan Marg, Worli Seaface, Worli Colony, Mumbai - 400 030.
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