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Board of Shree Surgovind Tradelink approves fund raising through QIP

Capital Market 

At meeting held on 24 November 2018

The Board of Shree Surgovind Tradelink at its meeting held on 24 November 2018 has approved the following -

Approved the proposal to raise funds by issuing securities upto Rs.5 crore through Qualified Institutional Placement (QIP).

Obtained consent of the Board for convening the postal ballot for shifting the registered office of the Company from the State of Gujarat to the State of Maharashtra; increasing the borrowing limits and for issue of securities through qualified institutional placement (QIP).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 26 2018. 11:20 IST