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Board of Sat Industries allots equity shares and convertible warrants

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Capital Market
Last Updated : Jul 22 2014 | 11:56 PM IST

At meeting held on 21 July 2014

Sat Industries announced that the Board of Directors of the Company at its meeting held on 21 July 2014 allotted 6925000 number of equity shares of Rs. 2/- each at a premium of Rs. 0.10 per share and also 4000000 number of warrants convertible into equity shares at a consideration of Rs. 2.10 per warrant in accordance with the Chapter VII of the Securities and Exchange Board of India (Issue of capital and Disclosure Requirements) Regulations, 2009 as amended to promoters and non-promoters.

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First Published: Jul 22 2014 | 11:39 AM IST

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