Outcome of Board Meeting

Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 11, 2012, allotted 3,90,000 equity warrants convertible into equity shares of Rs. 10/- each at a price of Rs. 73/- (i.e. a premium of Rs. 63/- per share) to Promoter, Shri. P I Tamboli on preferential basis.

The above allottment has been made pursuant to the authority granted by the shareholders at The Extra Ordinary General Meeting held on November 21, 2011 and the in- principle approval received from the Stock Exchange vide its letter dated December 28, 2011.

Source : BSE - >www.bseindia.com

Published on January 11, 2012
TOPICS

Related

This article is closed for comments.
Please Email the Editor