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Outcome of board meeting of Balasore Alloys

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Capital Market
Last Updated : Feb 06 2015 | 7:15 PM IST

Held on 06 February 2015

Balasore Alloys announced that the Board of Directors of the Company at its meeting held on 06 February 2015, inter alia, have approved the followings:

1. Issue of upto 80,00,000 Convertible Equity Warrants of Rs. 5/- each, subject to necessary statutory compliances / approvals, to the Promoters Group Companies on Preferential basis for the purpose of funding growth and modernization projects to be undertaken by the Company.

2. Change in the Registrar and Share Transfer Agent of the Company from MCS to MCS Share Transfer Agent The details of MCS Share Transfer Agent are as follows:

MCS Share Transfer Agent
Unit: Balasore Alloys Limited 12/1/5, Manoharpukur Road, Ground Floor, Kolkata - 700 026
Ph. Nos. +91 33 4072 4051 14052 / 4053 Fax Nos. +91 33 4072 4050
E-mail: mcssta@rediffmail.com

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First Published: Feb 06 2015 | 6:10 PM IST

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