Garnet International Limited
(GIL) has informed to the exchange that the meeting of Board of Directors is scheduled to be held on Tuesday, October 5, 2021 to consider some decisions regarding business activities.
The meeteing of Board of Directors is to consider following:
To consider Fund raising and related matters.
To consider amalgamation of GVS Chemical Pvt. Ltd. with GIL.
To consider any other matter with permission of Chair.
Garnet International is a publicly traded company on the BSE. It is primarily into equity investments with a sector agnostic investment approach. Its current market capitalisation is around USD 100 million.
On Friday morning trade, Garnet International was trading at Rs24.60 apiece higher 0.82% on the BSE.