At meeting held on 20 February 2015
Suyog Telematics announced that the Board of Directors of the Company at its meeting held on 20 February 2015, has considered and approved allotment of 20,00,000 Equity Shares of Rs. 10/- each of the Company to Nariman Mercantile, for cash, at a price of Rs. 45/- per Equity Share (including a premium of Rs. 35/- per Equity Share) on Preferential basis in terms of members approval in the Extra-ordinary General Meeting held on 13 February 2015.Powered by Capital Market - Live News