ImportantCompany Update
The company's board has approved key corporate actions.
Tacent Projects Ltd531887 · Filed with the exchange
Mr. Neeraj Chaudhary was re-designated as Additional Whole-time Director, with his five-year appointment proposed for shareholder approval.
The board also endorsed a preferential issue of up to 34 lakh equity shares at ₹10 each, totaling 3.40 Cr, to public investors.
Separately, 1.16 Cr fully convertible warrants at ₹10 each, worth 11.59 Cr, will be offered to promoter and public categories, converting into equity shares within 18 months.
These capital raises and the director's term await shareholder assent at the upcoming 33rd Annual General Meeting.
No comments yet. Be the first.