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Modern Steels allots equity shares

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Capital Market
Last Updated : Jun 28 2014 | 12:04 AM IST

On 26 June 2014

Modern Steels announced that pursuant to the approval of shareholders u/s 81(1A) of the Companies Act, 1956 at the Annual General Meeting held on 11 September 2013, the Allotment Committee of the Company in its meeting held on 26 June 2014 considered & allotted 11,70,000 equity shares to the promoter and promoter group on receipt of balance amount of Rs 75 per share amounting to Rs 8.77 crore from the respective allottees.

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First Published: Jun 27 2014 | 2:35 PM IST

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