At meeting held on 11 May 2017
Stylam Industries announced that the Board of Directors of the Company at its meeting held on 11 May 2017 has considered and approved allotment of 8,50,000 Equity shares ('Issue Shares') of Rs. 10 each, on a preferential basis for cash at a price of Rs. 601/- (Rupees Six Hundred One Only) per Issue Share aggregating upto Rs. 51,08,50,000/- (Rupees Fifty One Crore Eight Lakh Fifty Thousand Only), including premium of Rs. 591/- (Rupees Five Hundred Ninety One Only) per Issue Share, to non-promoters (Lighthouse Emerging India Investors).Powered by Capital Market - Live News
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