Held on 18 July 2018
The Board of La Tim Metal & Industries at its meeting held on 18 July 2018 has approved the following -Increase authorised share capital of the company from Rs 7 crore to Rs 10 crore and alter the Memorandum of Association of the company.
Approved acquisition of 960 gunthas of land at Nigudset Industrial Park Project, 332.34 Gunthas of Land at Hedvali Industrial Park Project and 251 Gunthas of Land at Ashre Industrial Park Project.
Approved allotment of 23,88,055 equity shares and 2,49,000 compulsory convertible preference shares to Promoters/ Promoter Group on Preferential Allotment basis pursuant to Section 62 of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirement) Regulation, 2009 for consideration other than cash (i.e. swaping of Equity Shares and CCPs against acquisition of land).
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