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Arrow Greentech Limited Capital/Financing Update 2020
61698_rns_2020-01-15_677c37da-d8ce-40ae-a1e7-cb07ce500b98.pdf
Capital/Financing Update
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January 15, 2020
To Manager (CRD) BSE Ltd. (BSE) P.J. Towers, Dalal Street, Mumb&i 400 001
Manager (CRD) National Stock Exchange of India Ltd. (NSE) Exchange Plaza, Sandra Kurla Complex Sandra (E), Mumbai - 400051
Ref: Script Code- 516064
Script Code- ARROWGREEN
Subject: Filing of Draft Letter of Offer - Rights Issue with Stock Exchanges
Dear Sir,
This is further to the Board meeting of the Company held on September 07, 2019 approving the issue of equity shares by way of rights issue to the existing shareholders of the Company on the record date, in the ratio of 1 :5 in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws.
We hereby inform you that the Capital Raising Committee of the Company at its meeting held on January 11, 2020, approved the Draft Letter of Offer ("DLOF") dated January 11, 2020 for submission to the Securities and Exchange Board of India and the Stock Exchanges where the equity shares of the Company are listed. The DLOF has been submitted to SEBI and the same has also been attached with our separate applications to the Stock Exchanges for seeking in-principal approval for the said Issue.
Kindlytake the same on your records.
Thanking you,
Yours faithfully,
For Arrow Greentech·Limited
Poonam Bansal Company Secretary
ARROW GREENTECH LTD.
Corporate Office : Solitaire CorporatePark, BuildingNo 3, Unit No 372, 7th Floor,Guru HargovindjiMarg: Chakala, Andheri (East),Mumbai 400093, Maharashtra, !NOIA. Phone: +91-22-4074 9000 • Fax: +91-22-4074 9099 • Email: [email protected] • Website: www.arro?greetech.com Works : Plot No. 5310,531, GIDC,Ankleshwar - 392002, Gujarat,!NOIA Phone : +91-2646-224743/224744 E-mail: [email protected] CIN No: L21010MH1992PLC069281