Libas Consumer Products Limited - Outcome of Board Meeting

14 Feb 2022 , 12:00 AM

Libas Consumer Products Limiteds Consumer Products Limited was held on Saturday, February 12, 2022 has approved: 1. the un-audited consolidated and standalone financial results of the Company for the quarter and nine months ending December 31, 2021; 2. to raise fund upto of INR 30 crore through Right Issue of equity shares. Further, issuance of number of fully paid-up equity shares of the company by way of Right Issue in proportion (to be notified subsequently) to the existing equity shareholders of the Company as on the record date (to be notified subsequently), at such price as may be decided by the Board subject to necessary approvals and consent as may be necessary / required for compliance of applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and the Companies Act, 2013 as amended.