Gulshan Polyols: Update on board meeting

GULSHAN POLYOLS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2023 inter alia to consider and approve In continuation to the prior intimation dated July 28 2023 on above captioned subject we would like to inform your good office that the Board of Directors of the Company inter-alia will consider and approve the following:Proposal of raising of funds by way of issue of Eligible Securities defined under Regulation 171(a) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 (SEBI ICDR Regulations) through Qualified Institutions Placement (QIP) or by way of one or more private offering(s) or any equivalent capital raising methods permitted by applicable laws or any combination thereof subject to such requisite approvals including the approval of the shareholders and further subject to such other statutory/regulatory approvals as applicable.