At meeting held on 24 October 2016
Sturdy Industries announced that the Board of Directors of the Company at its meeting held on 24 October 2016, inter alia, has considered and approved the following:1. Allotment of 4,53,76,108 Equity Shares of Rs. 2/- each at Face Value of Rs. 2/- to the Punjab National Bank pursuant to SDR package.
2. Allotment of 3,17,63,276 Equity Shares of Rs. 2/- each at Face Value of Rs. 2/- to the Allahabad Bank pursuant to SDR package.
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