Goyal Associates LimitedBSE: GOYALASS

Announcement under Regulation 30 (LODR)-Change in Directorate

· Issued by Goyal Associates Limited via BSE India

Filed with BSE · · 4 pages · English

Summary by 6ix AI

Goyal Associates Limited has reported the outcome of its board meeting, detailing several key decisions made by the Board of Directors. The board approved a rights issue of equity shares and the establishment of a Rights Issue Committee to oversee the process. Additionally, the resignation of the Chief Financial Officer and another director was noted, along with the appointment of an interim CFO.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

1. The Board of Directors of the Company has approved the issuance of equity shares on a rights basis for an amount not exceeding 7000lakhs ("Rights Equity Shares", and such issue, the "Rights Issue" or "Issue"), in accordance with the Companies Act, 2013, as amended and the rules made thereunder, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 20

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