Suven Life Sciences Ltd Board to consider Right Issue of equity shares

Market Times - market news
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A meeting of the Board of Directors of the Company is scheduled to be held on June 24, 2022, inter alia, to consider matters related to raising of funds through issue of equity shares of the Company on rights basis to the existing equity shareholders of the Company in accordance with provisions of Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other matters related / incidental thereto including the constitution of a Committee of Board of Directors namely ‘Rights Issue Committee’ to implement the proposal of Rights Issue.