TANFACIND

Tanfac Industries Limited has informed the Exchange, regarding current status on the proposal of issue of equity shares on "rights basis" as follows: "We had intimated the Board of Directors of the Company at its meeting held on July 31, 2013, inter alia, have considered and approved a proposal for the issue of Equity shares at face value of Rs.10/- each at par on "Rights Basis" for an amount not exceeding Rs.14.96 crores to be offered to eligible equity shareholders of the Company, subject to approval by the members at their general meeting and also the necessary statutory approvals / sanct

Tanfac Industries Limited has submitted to the Exchange a copy of the outcome of the meeting of the Board of Directors held on 14th May 2013. (Source MSE)