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Allotment of Preference Shares

| Updated on August 25, 2014 Published on August 25, 2014

Pradip Overseas Ltd has informed BSE that the Company had allotted 38,98,000 (Thirty Eight Lacs Ninety Eight Thousand) 2%, Non Cumulative Non Convertible Redeemable Preference Shares (NCNCRPS) of Rs. 100/- (Rupees hundred) each at par aggregating to Rs. 38,98,00,000 (Rupees Thirty Eight Crores Ninety Eight Lacs Only) on private placement basis to the Promotes and Promoter’s relatives of the Company at JuIy 29, 2014.

Further the Company has informed that, the Company had issued aforesaid shares in Physical form and does not intent to enlist the aforesaid shares on Stock exchange.

Source : BSE - >www.bseindia.com

Published on August 25, 2014
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