Ideal Optics Ltd to seek EGM nod for raising Rs. 20 crores

The Board of Directors of Ideal Optics Ltd at its Meeting held on April 07, 2014 has approved the proposal to raise funds upto Rs. 20 Crores, by way of offering, issuing and allotting upto 2 Crores Equity Shares of face value of Rs. 10/- each at a price of Rs. 10/- per share Equity Shares on preferential basis in cash.

The Board approved proposal to convene the Extra Ordinary General Meeting of the Shareholders of the company on May 01, 2014 at the Registered office of the Company.

Source : Equity Bulls

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