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Allotment of Convertible Warrants on Preferential Basis

| Updated on February 01, 2018

With reference to the earlier announcement dated January 10, 2017 regarding the passing of special resolution by the shareholders of the Company at its Extra-ordinary General Meeting held on January 10, 2017, Niraj Cement Structurals Ltd has now informed BSE that the Management Committee of the Board of Directors at its meeting held on January 25, 2017 has issued and allotted 1,50,00,000 Convertible Warrants at a price of Rs. 16/- per Warrant to the allottees, entitling them for the subscription of equivalent number of equity shares of Rs. 10/- each (Including premium of Rs. 6/- per share) as per the provisions of Chapter VII of the SEBI ICDR Regulations.

Pdf Link: Allotment of Convertible Warrants on Preferential Basis

Source : BSE - www.bseindia.com

Published on January 27, 2017

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