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CDG Petchem - Board Meeting Outcome for Outcome Of Board Meeting

Share Source By

Dion Global

08 Apr 2025

Outcome of Board Meeting held on 08th April 2025 resolved as: \r\n1. Increase of Authorised Share Capital\r\n2. Issue of equity shares of the Company to Proposed Promoter and Non-Promoter category on preferential basis\r\n3. Issuance of Warrants convertible into equity shares of the Company to Proposed Promoter and Non-Promoter category on preferential basis\r\n4. Acquisition of equity stake not less than 51% of the expanded capital of Jujhar Logistic and Travels Limited by way of cash consideration\r\n5. Alteration of object clause of Memorandum of Association of the Company\r\n\r\nKindly take the above on record.