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Preferential Issue

| Updated on January 06, 2018 Published on January 06, 2018

At the Board Meeting held today, the Board of Directors has proposed preferential allotment of 40,02,000 equity shares of Rs.5/- at par to the existing shareholder Mr.J.Rafiq Ahmed, who is also the Managing Director of the company which on post allotment make his holding on par with that of the promoter group namely Mr.Pradip D Kothari and his associates.

The proposed Extraordinary General Meeting for this purpose is scheduled to be held on 31st January 2018. The formal notice alongwith annexures for the EGM will be uploaded on the website of Bombay Stock Exchange shortly.

Pdf Link: Preferential Issue

Source : BSE - www.bseindia.com

Published on January 06, 2018
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