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Board of Enkei Wheels India to consider preferential issue of shares to Enkei Corporation, Japan

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Capital Market

On 16 January 2017

Enkei Wheels India announced that a Meeting of the Board of Directors of the Company will be held on 16 January 2017, to allot 743,835 Equity Shares at the Price of Rs. 190 each (including premium of Rs. 185 each) on Preferential basis to its Promoter i.e. Enkei Corporation, Japan.

The shareholders of the Company have already accorded their consent for this issue in their meeting held on 07 January 2017.

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First Published: Jan 11 2017 | 5:40 PM IST

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