The Hindu Business Line : Granules plans pref allotment

GRANULES India Ltd has informed the stock exchanges on Monday that it proposes to offer on a private placement or preferential allotment basis up to 2.25 lakh equity shares of the face value of Rs 10 each to Mr Allwyn D'souza at Rs 89 per share.

The company also proposes to raise the borrowing limit to Rs 150 crore.

An extraordinary general meeting of the company would be held on October 20 to seek the approval of the shareholders, the company said.

More Stories on : Preferential Allotments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Granules plans pref allotment

SEBI rulings: Case of inexplicable inconsistency

SIPs gaining weight among retail investors

UTI-SSgA to launch index fund benchmarking DJ Global Titans 50

UTI to `Post' Rs 100-cr MF biz

Bull onslaught

Sensex up 90 on good corporate earnings buzz

Dow Jones Global Titans 50 index posts 8.74 pc return

Arvind Mills gains on fashion bait

Sustained buying seen in Crompton Greaves

BoB: Long position will pay off after price breakout

Kelkar joins IDFC AMC as non-exec Chairman

Equities sizzle on upbeat sentiment