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Outcome of board meeting of Arman Financial Services

Capital Market 

Held on 12 April 2018

Financial Services announced that the Board of Directors at its meeting held on 12 April 2018 has -

Allotted 16,66,667 unsecured compulsorily convertible debentures of the Company ('CCDs') having a face value of INR 300/- (Indian Rupees Three Hundred Only) to India ('Investor') pursuant to shareholder's resolution passed at EGM held on 29 March 2018.

Appointed (Nominee of Limited) as a Non-Executive Additional 12 April 2018.

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

First Published: Thu, April 12 2018. 13:38 IST