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Board of Rajoo Engineers approves allotment of convertible warrants

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Capital Market

At meeting held on 20 June 2017

The Board of Directors of Rajoo Engineers at its meeting held on 20 June 2017 have approved the allotment of 35,00,000 Convertible Warrants on preferential allotment basis at issue price of Rs. 19.10/- per warrant. Each warrant is convertible in to one Equity Share of face value of Re. 1/- each with in a period of 18 months from the date of allotment of such warrants.

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First Published: Jun 20 2017 | 7:23 PM IST

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