Max Healthcare Institute Ltd board to consider Q1 results, fund raising proposal

A meeting of the Board of Directors of the Company is scheduled on 01/09/2020, to consider and approve the management accounts (standalone as well as consolidated) for the quarter ended June 30, 2020 of the Company.

The board will consider and recommend to the shareholders, the Employee Stock Option Policy of the Company.

The board will also consider raising funds by issue of equity shares and / or any other equity linked securities, through permissible modes, including but not limited to, qualified institutions placement, preferential allotment or such other permissible mode or combinations thereof, in one or more tranches, as may be decided, subject to approval of the shareholders and regulatory and other approvals, each as may be required.

The board will consider enabling approval for private placement of Non Convertible Debentures, in one or more tranches.

Source : Equity Bulls

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