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Board of Shiva Cement approves conversion of warrants

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Capital Market
Last Updated : Dec 07 2016 | 9:13 AM IST

At meeting held on 06 December 2016

Shiva Cement announced that the Board of Directors of the Company at its meeting held on 06 December 2016, inter alia, has approved the following:

Allotment of 80,00,000.Nos. of Equity Shares of Rs.2/- each at a premium of Rs. 4.20 per share to Harsh Vanijya upon exercise of option by them for conversion of Equity Share Warrants earlier allotted to them on preferential basis.

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First Published: Dec 07 2016 | 8:18 AM IST

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