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Board of DCW approves allotment of equity shares on preferential basis

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Capital Market

At meeting held on 18 June 2014

DCW announced that the Board of Directors of the Company at its meeting held on 18 June 2014, have decided :

subject to approval of shareholders in the forthcoming Annual General Meeting, to issue upto 71,00,000 equity shares on preferential basis of Rs 2 each of the Company in one or more tranches, at the price to be fixed as per the Guidelines for preferential issues under SEBI (Issue of Capital & Disclosure Requirements Regulations, 2009) to the promoter group;

and to hold the Annual General Meeting of the Company on 13 August 2014.

 

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First Published: Jun 18 2014 | 2:23 PM IST

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