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Ocl Iron And Steel Ltd. - Announcement under Regulation 30 (LODR)-Allotment

| Updated on July 30, 2019 Published on July 30, 2019

Dear Sir/Madam,

This is to inform you that the Board of Directors of the Company in their meeting held today i.e. 29th July,2019 has allotted 70,00,000 (Seventy Lakhs) Equity Shares of face value of Rs. 1/- (Rupees one only) each, at a price of Rs. 6/- (Rupees Six only) per share including premium of Rs. 5/- (Rupees Five only) per Equity Share, aggregating to Rs. 4,20,00,000 (Rupees Four Crores Twenty Lakhs only) to the non-promoters entities as mentioned below by way of preferential allotment .Further, the Company has also allotted 4,85,00,000 (Four Crores Eighty Five Lakhs) Convertible Warrants, each convertible into, or exchangeable for, one Equity Share of face value of Rs. 1/- (Rupees One only) each, at a price (including the Warrant subscription price and warrant exercise price) of Rs. 6/- (Rupees Six only) each aggregating to Rs. 29,10,00,000 (Rupees Twenty Nine Crores Ten Lakhs only) to the non-promoters entities as mentioned below by way of preferential allotment .

Pdf Link: Ocl Iron And Steel Ltd. - Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on July 30, 2019
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