Held on 11 July 2018The Board of Shri Keshav Cements & Infra have considered the objects of the proposed rights issue. The proposed Solar Power project has already been implemented and commissioned by the Company by availing term finance and through internal sources as well as unsecured loans availed from promoter/ promoter group entities. In view of the same the object of the issue may be amended to part finance; a) Repayment/ prepayment of unsecured loans to promoter/ promoter group entities, financial institutions/ Banks. b)To part finance working capital requirements of the Company. c) To meet issue expenses.
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