Held on 14 May 2015
Trend Electronics announced that the Board of Directors of the Company at its meeting held on 14 May 2015, inter alia, has transacted the following business:1. Propose to seek shareholders approval under Section 61, 64 and other applicable provisions, if any, of the Companies Act, 2013 authorising the Board of Directors of the Company to increase the Authorised Share Capital of the Company from existing Rs. 125,00,00,000/- (Rupees One Hundred and Twenty Five Crores Only) to Rs. 225,00,00,000/- (Rupees Two Hundred and Twenty Five Crores Only).
2. Propose to seek shareholders approval under Section 42, 55, 62, and other applicable provisions, if any, of the Companies Act, 2013 and Rules made there under, authorizing the Board of Directors of the Company to create/issue/allot Preference Shares for an amount not exceeding Rs. 100 Crores (Rupees One Hundred Crores Only) through placement document or circular and/or on private placement basis.
Powered by Capital Market - Live News
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