Held on 02 September 2017
JVL Agro Industries announced that the Board of Directors of the Company at its meeting held on 02 September 2017 has considered the following -Approved the proposal of reclassification of existing un-issued equity shares into preference shares;
Approved the proposal to issue Redeemable Unlisted Preference Shares on Preferential Basis to persons belonging to non-promoter category of not exceeding Rs.25 crore for a tenor not exceeding 20 years in terms of Sections 42, 55, 62 and other applicable provisions of Companies Act, 2013 and subject to re-classification as above.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app