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Board of Orbit Exports decides to allot equity shares

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Capital Market

At meeting held on 18 June 2014

Orbit Exports announced that the Board of Directors of the Company at its meeting held on 18 June 2014 has decided to allot 4,50,000 equity shares of Rs 10 each at an issue price of Rs 76.57 per share (including premium of Rs 66.57) to the holders of 4,50,000 optionally fully convertible warrants of Rs 76.57 each in aggregate upon exercise of option to convert each warrant into equity share of the Company.

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First Published: Jun 18 2014 | 2:17 PM IST

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