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Board of Starlit Power Systems allots equity shares to Guandong Dynavolt Power Technologies Co.

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Capital Market
Last Updated : Sep 22 2015 | 10:01 AM IST

At meeting held on 21 September 2015

Starlit Power Systems announced that the Board of Directors of the Company at its meeting held on 21 September 2015 has allotted 19,36,000 Equity Shares of Rs.10/- on preferential basis to Guandong Dynavolt Power Technologies Co. for cash at a price of Rs.26.47/- in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and Section 62(1)(c) and other applicable provisions of the Companies Act, 2013.

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First Published: Sep 22 2015 | 9:43 AM IST

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