Arohan Financial Services Limited

Arohan Financial Services Limited
Planify Author
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Planify Author

Financial Analyst Intern
Publish Date7 December 2022
Reading time1 Min

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Arohan Financial Services Limited will conduct an Extra Ordinary General Meeting (EGM) on Monday, December 12, 2022, at 15:00 HOURS

(IST) through Video Conferencing (‘VC’)/Other Audio-Visual Means (‘OAVM’) facility to transact the following business:


  1. Adoption of new/revised articles of association of the company in order to align the same with respect to the change in the amended and restated shareholding agreement
  2. To issue cumulative compulsorily convertible preference shares on a preferential basis through private placement

Details of SubscriberMaximum number of CCPS to be issuedFace Value (₹ per share)Securities premium (₹ per share)Issue Price (₹ per share) Maximum Consideration Amount (in ₹)
Dutch Entrepreneurial Development Bank1,08,23,52910758591,99,99,965

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