At meeting held on 30 January 2015
Binani Industries announced that the Board of Directors of the Company at its meeting held on 30 January 2015, inter alia, has decided to issue 0.01% Non-cumulative Redeemable Preference Shares of Rs. 100/- each upto an amount of Rs. 120 crore in one or more tranches to the Promoter Company, on a Private Placement Basis, subject to the approval of the Shareholders of the Company through Postal Ballots.Powered by Capital Market - Live News