CG Power to consider preferential allotment equity shares of Standard Chartered Bank (Singapore)

On 11 May 2021

May 07, 2021 09:05 IST capital market

CG Power & Industrial Solutions announced that a meeting of the Board of Directors is scheduled on 11 May 2021 to consider amongst other businesses, issue of equity shares on preferential allotment basis to Standard Chartered Bank (Singapore), a Qualified Institutional Buyer, as settlement of all obligations under a guarantee issued by the Company and in accordance with applicable laws.

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