Don’t miss the latest developments in business and finance.

Outcome of board meeting of Grandeur Products

Image
Capital Market
Last Updated : Jul 18 2016 | 10:47 AM IST

Held on 16 July 2016

Grandeur Products announced that the Board of Directors of the Company at its meeting held on 16 July 2016 at 5.30 p.m. has discussed and approved the following:

1. Issue and Allotment of 20,00,000 (Twenty Lakh) Equity Shares at an Issue Price of Rs. 20/- each (Including Premium of Rs. 10/-) on Preferential basis at a price arrived as per Chapter VII of SEBI( ICDR) Regulations, 2009 to Promoter group and also to Non Promoters.

2. Issue and Allotment of 6,00,000 (Six Lakhs), 6% Fully Secured Redeemable Unlisted Non- Convertible Debentures of Rs. 100/- each at par on private placement basis.

Powered by Capital Market - Live News

More From This Section

First Published: Jul 18 2016 | 10:16 AM IST

Next Story