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Board of NCL Industries allots equity shares to promoter group

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At meeting held on 26 May 2015

NCL Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2015, has allotted 17,95,455 Equity Shares of Rs.10/- each issued at a premium of Rs. 12/- per share to promoter group in terms of the Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting held on 02 April 2014 and after obtaining necessary approvals from SEBI vide letter dated 14 May 2015.

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First Published: May 26 2015 | 7:46 PM IST

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