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Board of Mapro Industries approves preferential allotment of shares

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Capital Market

At meeting held on 25 September 2014

Mapro Industries announced that the Board of Directors of the Company at its meeting held on 25 September 2014, has allotted 16,73,925 Equity Shares of face value of Rs.10 each at a price of Rs. 112.50 on preferential basis in accordance with SEBl (ICDR) Regulations, 2009 to other than promoters on a preferential basis, as approved by the members of the Company in the Extra-Ordinary General Meeting held on 06 September 2014 and pursuant to in-principal approval received from BSE vide their letter dated 12 September 2014.

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First Published: Sep 26 2014 | 10:31 AM IST

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