Corporate Announcement
Security Code : 526325    Company : ORIENTLTD    
 
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  Exchange Received Time  17/08/2017 19:40:27         Exchange Disseminated Time   17/08/2017 19:40:35              Time Taken   00:00:08
We wish to inform the Exchange that the Board of Directors of the Company at its meeting held on 17th August, 2017 has approved subject to the approval of Members in ensuing Annual General Meeting and pursuant to the provisions of Section 62 of the Companies Act, 2013 raising of funds by way of issue of up to 19,25,000 fully paid Equity Shares of face value of Rs. 10/- each at a price of Rs. 60/- each (at a price which is not lesser than the price calculated in accordance with the provisions of ICDR Regulations) on Preferential allotment basis to Promoters and person other than Promoters
 

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