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Outcome of Rights Issue Committee Meeting

| Updated on February 02, 2018 Published on February 17, 2017

Orient Paper & Industries Ltd has informed BSE that the Rights Issue Committee of the Company, in its meeting held on February 17, 2017 has approved the allotment of 7,316,742 Equity shares of face value Rs. 1 each at a price of Rs. 68 per equity share (including a premium of Rs. 67 per equity share) issued on a rights basis, to all eligible applicants, who have subscribed to the said issue and whose applications were valid.

Pursuant to above, the paid up share capital of the Company stands increased to Rs. 2,121.86 divided into 212,185,502 Equity shares of Rs. 1 each.

The meeting concluded at 2:30 p.m.

Pdf Link: Outcome of Rights Issue Committee Meeting

Source : BSE - www.bseindia.com

Published on February 17, 2017
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