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Outcome of board meeting of Sanwaria Consumer

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Capital Market
Last Updated : Feb 20 2018 | 7:04 PM IST

Held on 20 February 2018

The Board of Sanwaria Consumer at its meeting held on 20 February 2018 has approved the following -

1. Considered and approved the issue of 28571428 Equity Shares on preferential basis to promoters of Re. 1/- face value at Rs. 35/- Per share (including the premium of 34/- per share).

2. Considered and approved the Increase in Authorised Share Capital to facilitate the above mentioned approved preferential issue.

3. Considered and approved the SCL Employee Stock Option (ESOP).

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First Published: Feb 20 2018 | 6:40 PM IST

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