News Announcement

Cargosol Logistics: Board Meeting Outcome for Consider And Approve Raising Of Funds By Way Of Issue Of Foreign Currency Convertible Bonds ( ' F C C B S ' )

The Board has approved the Proposal of raising of funds by way of issue of Foreign Currency Convertible Bonds (FCCBs) up to an aggregate amount not exceeding USD 15 Million including through preferential issue on a private placement basis qualified institutional placement or any other methods or combinations thereof listed or unlisted subject to the approvals of the shareholders of the Company and regulatory authorities as may be necessary.

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