Autolite (India) Limited - Preferential issue

Preferential issue Regarding the option of fund raising, the management has informed to the Board that conversation with investors are going at an advance stage and the confirmation letter has been received from two investors, but other confirmations are still pending from the investors therefore the matter is deferred to next meeting scheduled on March 22, 2021.

Mar 18, 2021 12:03 IST capital market

Preferential issue Regarding the option of fund raising, the management has informed to the Board that conversation with investors are going at an advance stage and the confirmation letter has been received from two investors, but other confirmations are still pending from the investors therefore the matter is deferred to next meeting scheduled on March 22, 2021.

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