At meeting hel don 25 November 2015
Enkei Wheels India announced that subject to approval of shareholders of the Company as per the provisions of Companies Act, 2013 read with the provisions of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 and such other approvals, consent etc. the Board of Directors of the Company at its meeting held on 25 November 2015 has inter alia approved to issue up to 706,651 Equity Shares to its Promoter, i.e. Enkei Corporation, Japan on preferential basis at a price being not less than the price determined in accordance with SEBI (ICDR) Regulations, 2009.Powered by Capital Market - Live News