At meeting held on 04 April 2015
Scan Steels announced that the Board of Directors of the Company at its meeting held on 04 April 2015, considered and approved the allotment of 65,52,000 equity shares of Rs 10 each for cash at Rs 50 each (including a premium of Rs 40) to Promoter and Promoters Group and to strategic investors not forming part of promoter group, in compliance with Chapter VII of SEBI (ICDR), Regulation, 2009.Post this allotment, the paid up share capital of the Company stands to increase from Rs 37.80 crore to Rs 44.35 crore.
Powered by Capital Market - Live News