Raunaq EPC International: Outcome of committee meeting
This is to inform that the Finance Committee of Board of Directors of the Company in its Meeting held on l5th July, 2017 has re-considered the "Issue of Convertible Warrants" to promoter(s)/promoter(s) group and non-promoters of the Company on preferential basis.
The Company shall carry out the preferential issue in future as and when the need of working capital arises for the execution of new projects.
You are requested to kindly take the same on records.
Source : BSE