Aggregating Rs 54 crore
Dynamatic Technologies announced that the Finance Committee of the Board of Directors of the Company has, at its meeting held on 17 October 2014, has approved the allotment of 3,00,000 (Three Lakh) Equity Shares of face value of Rs 10 each at a price of Rs 1800 (Indian Rupees One Thousand Eight Hundred only) per equity share [including premium of Rs 1,790 (Indian Rupees One Thousand Seven Hundred Ninety Only)] aggregating to Rs 54 crore to Qualified Institutional Buyers under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and in accordance with the Companies Act, 2003.Powered by Capital Market - Live News