Business Standard

Monday, December 23, 2024 | 12:39 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Dynamatic Technologies to allot equity shares to QIBs

Image

Capital Market

Aggregating Rs 54 crore

Dynamatic Technologies announced that the Finance Committee of the Board of Directors of the Company has, at its meeting held on 17 October 2014, has approved the allotment of 3,00,000 (Three Lakh) Equity Shares of face value of Rs 10 each at a price of Rs 1800 (Indian Rupees One Thousand Eight Hundred only) per equity share [including premium of Rs 1,790 (Indian Rupees One Thousand Seven Hundred Ninety Only)] aggregating to Rs 54 crore to Qualified Institutional Buyers under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and in accordance with the Companies Act, 2003.

Powered by Capital Market - Live News

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 17 2014 | 8:01 PM IST

Explore News