3 Aug 2022 , 12:44 PM
The company stated that the board has approved the proposal for the issuance of securities in terms of sections 42, 61 & 71 of the Companies Act, 2013. However, the proposal is subject to the approval of shareholders in the ensuing Annual General Meeting of the company.
The board has not decided on the details of the issue as yet. It authorized the Key Managerial Personnel to decide and finalize the terms of the issue of securities to raise funds through various options/instruments, etc.
At around 12.37 PM, Jay Bharat Maruti was trading 4.36% lower at Rs166.90, as against Rs174.50 on NSE. So far, it hit intraday high and low of Rs174 and Rs166.40 respectively.
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.