Under CDR package
ABG Shipyard announced that the Security Issue Committee of the Board of Directors of the Company has, at its meeting held on 28 February 2015, have allotted 2,33,051 (Two Lac Thirty Three Thousand and Fifty One Only) Nos. of fully paid-up Equity Shares of Rs. 10/- (Rupees Ten Only) each at a price of Rs. 275.92 to the CDR Lenders as per CDR Package on preferential basis under Chapter VII - "Preferential Issue" of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.The said allotment of 2,33,051 (Two Lac Thirty Three Thousand and Fifty One) Nos. of Equity Shares Rs. 10/- (Rupees Ten Only) each shall be fully paid-up at the time of allotment and shall be subject to the lock-in for such period as may be prescribed under the SEBI ICDR Regulations.
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