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Friday, May 3, 2024    
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Tijaria Polypipes Ltd - Tijaria Polypipes Limited - Outcome of Board Meeting     Back
(02 Mar 2024)
Tijaria Polypipes Limited has informed the Exchange regarding Board meeting held on March 01, 2024. Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform that the Board of Directors of the Company at its meeting held on 01st March, 2024, inter alia, has approved the following: Option (1) Two crore shares will be newly issued by the company to restructure the Company and it will use the swap to merge with another company. Option (2) New investors can be brought into the company through debentures or Preference shares to expand its business. The company will use one of these two options as per the interest of the company so that the company can clear its old debits and at the same time the company can expand its new business by investing well in the new business going forward.
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