Garden Silk Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 25, 2016, to consider the proposal for raising of funds aggregating to Rs. 30 crores by issue of convertible share warrants / convertible securities in favour of promoter / promoter group of the Company upon such terms and conditions as may be deemed appropriate by the Board in accordance with the provisions of SEBI ICDR Regulation and other applicable laws in this respect.Source : BSE
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