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Board of Sunil Hitech Engineers approves proposal for SME listing of subsidiaries

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Capital Market
Last Updated : Aug 21 2017 | 12:01 AM IST

At meeting held on 18 August 2017

Sunil Hitech Engineers announced that the Board of Directors of the Company at its meeting held on 18 August 2017 has transacted the following -

Approved the proposal of VAG Buildtech, a subsidiary of the Company, for SME listing and raising of capital by way of an IPO.

Approved the proposal of Seam Industries, a subsidiary of the Company for SME listing and raising of capital by way of an IPO.

Further approved participation in the Offer for Sale that may be proposed by Seam Industries and offer 15 lakh equity shares of Seam Industries held by the Company.

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First Published: Aug 19 2017 | 9:21 AM IST

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