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Outcome of board meeting of Gujarat Natural Resources

Capital Market 

Held on 16 April 2018

The Board of Natural Resources at its meeting held on 16 April 2018 has approved the following -

1. Considered and approved the allotment of 2,50,00,000 Convertible Warrants

2. Considered and approved increase of authorised share capital of the Company from 40,00,00,000 consisting of 4,00,00,000 equity shares of 10 each to 65,00,00,000 consisting of 6,50,00,000 equity shares of Rs. 10 each.

3. Approved the draft Notice calling Meeting (EGM) for seeking shareholders' approval for the aforesaid matters.

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

First Published: Tue, April 17 2018. 09:23 IST