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Outcome of board meeting of Alfa Transformers

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Capital Market
Last Updated : May 18 2017 | 8:01 PM IST

Held on 18 May 2017

Alfa Transformers announced that the Board of Directors of the Company at its meeting held on 18 May 2017 approved the following -

Allotment of 6,49,412 Equity Shares of face value of Rs. 10/- each, pursuant to conversion of Fully Convertible Warrants.

The proposal of making Preferential issue of upto 4,40,000 Fully Convertible Warrants each to the persons belonging to Promoter Category and Non- Promoter Category.

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First Published: May 18 2017 | 7:21 PM IST

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