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Pradip Overseas announces allotment of preference shares

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Capital Market
Last Updated : Aug 25 2014 | 5:30 PM IST

On private placement basis

Pradip Overseas announced that the Company had allotted 38,98,000 (Thirty Eight Lacs Ninety Eight Thousand) 2%, Non Cumulative Non Convertible Redeemable Preference Shares (NCNCRPS) of Rs. 100/- (Rupees hundred) each at par aggregating to Rs. 38,98,00,000 (Rupees Thirty Eight Crores Ninety Eight Lacs Only) on private placement basis to the Promotes and Promoter's relatives of the Company at 29 July 2014.

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First Published: Aug 25 2014 | 5:05 PM IST

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