Board of Safari Industries (India) approves fund raising up to Rs 51 crore

At meeting held on 21 September 2017

The Board of Safari Industries (India) have approved to raise funds upto Rs. 51 crore by way of preferential issue.

An Extra-ordinary General Meeting of the Company will be held on 21 October 2017 at Mumbai for obtaining Shareholders approval for the preferential issue. Accordingly, the relevant date for the pricing of both the aforesaid Preferential issue of equity shares is 21 September 2017.

Powered by Capital Market - Live News