Board Meeting Announcement for KCL Infra Projects Ltd - Nov 8, 2024

KCL Infra Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2024 inter alia to consider and approve This is to inform that a meeting of the Board of Directors is scheduled to be held on 06 Nov 2024 at the register office of the Company i.e. B-3 204 Saket Complex Thane (West) Thane Maharashtra 400601 Maharashtra in terms of the provisions of the Companies Act 2013 read with Companies (Meetings of Board and its Powers) Rules 2014 each as amended inter-alia to Re-consider discuss and decide various matters in connection with the reissue including the specific terms of the re issue of shares to existing shareholder of the Company such as the determination of the Issue price and related payment mechanism rights entitlement ratio the record date and timing of proposed Issue. KCL Infra Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2024 ,inter alia, to consider and approve 1.To augment the financial resources of the Company via funds raising by way of issue of equity shares/convertible instruments/other securities through preferential allotment, right issue, QIP's, ADR GDR, FCCB 2.Due to certain technicalities and difficulty in receiving Approval from the Stock Exchange, the Company is unable to proceed with the reissue of forfeited shares. Therefore, wants to cancel the resolution 3.To Consider a proposal for Increase in Authorized Capital of the company and subsequent alteration to the Memorandum of Association of the company 4.To seek members' approval by means of passing the requisite resolution(s) for the above-said board decisions and other matters connected therewith and/or incidental thereto 5.To consider any other matter, with the permission of the Chair (As per BSE Announcement Dated on 05/11/2024)