07:02 PM, 21st Aug 2023
Deep Polymers Limited (the Company) at its meeting held today i.e. Monday 21st August 2023 has approved proposal for raising of funds by way of issuance of 1147200 equity shares having face value ?10 each (Equity Shares) aggregating face value up to ? 11472000 (Rupees One Crore Fourteen Lakh Seventy-Two Thousand Only) on a preferential basis (Preferential Issue) to Mr. Rameshbhai Bhimjibhai Patel Promoter of the Company and Mrs. Ashaben Rameshbhai Patel Promoter group in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended (SEBI ICDR Regulations) and other applicable laws at such price as will be determined in accordance with the SEBI ICDR Regulations and other applicable regulation if any and subject to the approval of regulatory / statutory authorities as applicable and the approval of shareholders of the Company.