Narendra Investments (Delhi) Limited board to consider preferential issue and acquisition of assets

A meeting of the Board of Directors of Narendra Investments (Delhi) Limitedwill be held on March 01, 2021 at 11.30 A.M. at the registered oflice of the Company, to consider and approve the proposal for Raising funds by way of issuance of Equity Shares of the Company on preferential basis.

The board will consider acquisition of suitable business assets / manufacturing facilities to fulfill main object of the company and approve draft notice of Extra-ordinary General Meeting.

The board will also consider proposal to appoint scrutinizer for the process of E-voting and any other matter as the Board may decide during meeting.

The trading window for dealing in the securities of the Company shall remain closed from today February 24, 2021 till the end of 48 hours from the conclusion of the Board Meeting i.e. till March 03, 2021, both days inclusive, for all connected persons / officers / designated employees / insiders and Directors of the Company, including but not limited to the persons specified in the Company's Code of Conduct. The trading window for dealing in securities of the Company shall reopen on March 04, 2021.

Shares of Narendra Investments (Delhi) Ltd was last trading in BSE at Rs.42 as compared to the previous close of Rs. 42. The total number of shares traded during the day was 1397 in over 8 trades.

The stock hit an intraday high of Rs. 42 and intraday low of 39.95. The net turnover during the day was Rs. 58248.

Source : Equity Bulls

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