Others

Electrosteel Castings Ltd. - Announcement under Regulation 30 (LODR)-Preferential Issue

| Updated on August 20, 2018 Published on August 20, 2018

This is further to our intimation dated 12 July 2018 with respect to issuance of 4,85,26,861 Equity Shares on a preferential basis.

Please be informed that the Banking and Authorisation Committee at its meeting held today, i.e on 20 August 2018 have inter-alia approved the allotment of 4,85,26,861 Equity Shares of face value of Re.1/- each at a price of Rs.28.85 per Equity Share (inclusive of a share premium of Rs.27.85 per Equity Share) on preferential basis to the following Allottees.

Sl. No. Name of the allottees No. of Equity Shares allotted
1. Electrocast Sales India Limited 34,66,204
2. Uttam Commercial Company Ltd 34,66,204
3. G. K. & Sons Private Ltd. 69,32,409
4. India Opportunities Growth Fund Ltd - Pinewood Strategy 2,25,30,329
5. Rohak Merchants Private Limited 1,21,31,715
Total 4,85,26,861

Time of Commencement of Meeting: 1500 Hours
Time of Conclusion of Meeting: 1546 Hours

This is for your information and records

Pdf Link: Electrosteel Castings Ltd. - Announcement under Regulation 30 (LODR)-Preferential Issue

Source : BSE - www.bseindia.com

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on August 20, 2018
This article is closed for comments.
Please Email the Editor