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Board of Pioneer Embroideries allots equity shares on preferential basis

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Capital Market
Last Updated : May 21 2015 | 7:47 PM IST

At meeting held on 21 May 2015

Pioneer Embroideries announced that the Board of Directors of the Company at its meeting held on 21 May 2015, inter alia, has considered and approved the allotment of 8,50,000 equity shares of face value of Rs. 10/- each at a premium of Rs. 25/- per share to Edelweiss Asset Reconstruction Company Trustee EARC Trust-SC 23 on Preferential Basis.

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First Published: May 21 2015 | 6:40 PM IST

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