February 6, 2018 / 12:51 PM / in 6 months

BRIEF-Sibar Auto Parts Seeks Shareholders' Nod To Raise Authorised Capital To 200 Mln Rupees

Feb 6 (Reuters) - Sibar Auto Parts Ltd:

* SEEKS SHAREHOLDERS’ NOD TO RAISE AUTHORISED CAPITAL TO 200 MILLION RUPEES

* SEEKS SHAREHOLDERS’ NOD FOR PREFERENTIAL ISSUE OF SHARES TO NON PROMOTERS

* SEEKS SHAREHOLDERS’ NOD FOR ISSUANCE AND ALLOTMENT OF 250,000 WARRANTS ON PREFERENTIAL BASIS

* SEEKS SHAREHOLDERS’ NOD TO ISSUE SHARES TO PROMOTERS VIA CONVERSION OF UNSECURED LOAN OF 16.3 MILLION RUPEES

* SEEKS SHAREHOLDERS' NOD TO ISSUE 1.6 MILLION WARRANTS ON PREFERENTIAL BASIS TO PROMOTER VIA CONVERSION OF UNSECURED LOAN Source text: bit.ly/2BYVyss Further company coverage:

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