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Board of Niraj Cement Structurals approves conversion of warrants and increase in authorised capital

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Capital Market
Last Updated : Sep 19 2019 | 6:04 PM IST

At meeting held on 19 September 2019

The Board of Niraj Cement Structurals at its meeting held on 19 September 2019 has approved the following -

Issue of 2,15,00,000 warrants convertible into 2,15,00,000 equity shares of Rs. 10/- eachon preferential basis, to promoter/promoter group and others ,in compliance with applicable provisions of SEBI ICDR Regulations and subject to the approval of applicable regulatory authorities, if any.

Increase in Authorised Share Capital of the Company from Rs. 26,00,00,000 to Rs. 42,00,00,000

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First Published: Sep 19 2019 | 5:56 PM IST

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