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Ganges Securities Ltd.

BSE: 540647 Sector: Financials
NSE: GANGESSECU ISIN Code: INE335W01016
BSE 00:00 | 23 Nov 42.20 -2.30
(-5.17%)
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42.20

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42.20

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42.20

NSE 00:00 | 23 Nov 43.50 0.70
(1.64%)
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43.25

HIGH

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Outcome Of Board Meeting Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Require

October 12, 2020, 6:14 pm | Source: BSE

Further to our letter dated October 07 2020 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and all other applicable provisions we wish to inform you that the Board of Directors of Company at its meeting held today has inter alia considered and approved the allotment of 240000 8.5% unlisted Non Convertible Cumulative Redeemable Preference Shares (NCCRPS) of Rs. 100/- each to existing holders of such Preference Shares in lieu of the redemption of 150000 unlisted 12% NCCRPS together with unpaid dividend in terms of the approval accorded by the National Company Law Tribunal Allahabad Bench by an order dated September 24 2020 under Section 55(3) of the Companies Act 2013.

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