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Board of Acknit Industries approves allotment of 5.20 lakh shares on preferential basis

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Capital Market

At meeting held on 05 October 2017

The Committee of Directors of the Board of Acknit Industries has approved the allotment of 5.20 lakh equity shares of Rs 10 each pursuant to preferential issue. Consequent to the allotment, the paid up share capital of the Company will increase from 25.20 lakh equity shares of Rs 10 each to 30.40 lakh equity shares of Rs 10 each.

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First Published: Oct 05 2017 | 5:24 PM IST

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