Shah Foods Board Meeting Outcome
Tandhan Energies Limited established a new corporate office in Kolkata and opened a bank account for preferential warrant proceeds. The board also reviewed quarterly compliance reports and name-change status.
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Tandhan Energies Limited established a new corporate office in Kolkata and opened a bank account for preferential warrant proceeds. The board also reviewed quarterly compliance reports and name-change status.
Shah Foods approved an increase in authorised share capital and a preferential issue of 18,90,410 warrants worth Rs. 28.92 Crore to promoters. Mr. Manan Rajesh Patel resigned.
Shah Foods Limited issued a corrigendum correcting the appointed service providers for the company's remote e-voting facility and scrutinizer for the upcoming postal ballot process.
Shah Foods' Independent Directors concluded the ₹37.89 Crore open offer by Ankit and Anuj Jalan is fair. The offer targets a 26% equity stake.