PATEL ENGINEERING LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2022 inter alia to consider and approve 1. Issuance and allotment of such number of securities as the Board may decide subject to approval of shareholders on preferential basis in accordance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.2. Obtaining an enabling approval from the Shareholders of the Company regarding the proposal of raising of funds through issue of equity shares or other securities including through rights issue or qualified institutional placement or any other permissible mode or a combination thereof subject to such regulatory/ statutory approvals as may be required.
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