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Board of Shivam Autotech decides to defer QIP issue

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Capital Market

At meeting held on 09 September 2015

Shivam Autotech announced that the Board of Directors of the Company at its meeting held on 09 September 2015, inter alia, has transacted following business:

- The Board has discussed at length and deferred the decision for Issuance of Equity Shares through private placement(s) by way of Qualified Institutional Placement considering the depressed overall general market scenario.

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First Published: Sep 10 2015 | 9:40 AM IST

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