Corporate News     14-Feb-12
Sakthi Finance to convene EGM
On 19 March 2012
The board of Sakthi Finance in its meeting on 13 February 2012 has decided to issue and allot 1,98,93,019 equity shares of Rs 10 each on preferential basis to promoter group and non-promoter companies.

The board has decided to issue and allot 20 lakh, 10% redeemable cumulative preference shares of Rs 100 each on private placement basis.

Further, the board has decided to convene extraordinary general meeting on 19 March 2012.

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