Bodal Chemicals: Outcome of committee meeting
We wish to inform you that subsequent to the approval accorded by the board of directors of the Company (the 'Board'), at its meeting held on August 24, 2017 and the special resolution passed by the shareholders of the Company, at its annual general meeting held on September 23, 2017.
a. Approved the opening of the QIP today, i.e. October 10, 2017.
b. Approved and adopted the preliminary placement document dated October 10, 2017 in connection with the QIP; and
c. Approved the floor price for the QIP.
In relation to the QIP, we have filed the preliminary placement document dated October 10, 2017 with your office on October 10, 2017
Source : BSE