The board of Decolight Ceramics has approved to increase authorized equity share capital of the company up to Rs 80,00,00,000 and to incorporate necessary changes in the memorandum of association of the company.
The board has also approved to raise fund to the tune of Rs 30,00,00,000 by offering, issuing and allotting convertible warrants on preferential basis, and Rs 30,00,00,000 by offering, issuing and allotting on QIP basis and / or by way of GDRs and / or ADR and / or FCCBs.
This was approved at the board meeting held on 31 July 2009.
The board has also approved to raise fund to the tune of Rs 30,00,00,000 by offering, issuing and allotting convertible warrants on preferential basis, and Rs 30,00,00,000 by offering, issuing and allotting on QIP basis and / or by way of GDRs and / or ADR and / or FCCBs.
This was approved at the board meeting held on 31 July 2009.
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