Outcome of Board Meeting

Suryaamba Spinning Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 05, 2014 has allotted 4,49,944 Equity shares at a premium of Rs. 15.15/- per share i.e. issue price of Rs. 25.15/- each to the promoters against the part conversion of 4,49,944 warrants issued on March 06, 2013 on preferential basis in compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Source : BSE - www.bseindia.com

Published on June 05, 2014
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