Ess Dee Aluminium Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2015, inter alia, has approved and passed the following resolution:
- Preferential Allotment
The Board of Directors at the aforesaid meeting have approved infusion of additional capital in the Company for general corporate and working capital purpose. The said infusion of additional capital is proposed to be as and by way of preferential allotment of equity shares and issue of warrants to the Promoter / Promoter Group, upto a total ceiling of Rs. 150 crores. The said resolution of the Board is subject to the approval of the Shareholders at a general meeting.
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