Held on 13 August 2015

Spentex Industries announced that the Board of Directors of the Company at its meeting held on 13 August 2015, inter alia, has approved the following:

1. To issue 1,10,95,000 equity shares of Rs. 10/- each to the promoters / promoter group on preferential basis under CDR/CAP/JLF Guidelines issued by Reserve Bank of India.

2. Policy for Selection of Directors & Senior Management and Determining Director's Independence and Remuneration Policy for Directors & Senior Management.

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First Published: Aug 13 2015 | 7:08 PM IST

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