Kolte-Patil Developers: Board Meeting Intimation for Board Meeting Intimation

KOLTE-PATIL DEVELOPERS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2019 inter alia to consider and approve 1)Adoption of new set of Articles of Association;
2)Alteration of Memorandum of Association by re-classifying the unissued authorized equity share capital into Preference Shares;
3)Increase in authorized share capital of the Company from Rs. 149.45 Crores to Rs. 190 Crores;
4)Passing of enabling resolution/s for fund raising upto Rs.500 crores by various modes including by issue of non-convertible debentures (by way of private placement or otherwise) or any other securities equity shares and/or any other securities convertible into equity (by way of one or more public offers or private placement or both) subject to the approval of the shareholders of the Company;
5)Conducting Postal Ballot for obtaining approval of shareholders and
6)other business as per agenda.