Business Standard

Sunday, December 22, 2024 | 09:40 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Niraj Cement Structurals allots 30,62,500 equity shares

Image

Capital Market

On conversion of warrants

Niraj Cement Structurals announced that the Company on 11 May 2017 has made allotment of 30,62,500 equity shares of the face value of Rs 10 each (with a premium of Rs 6 per share) on conversion of warrants.

Post allotment, the paid up equity share capital has increased to Rs 14.85 crore comprising of 1,48,55,300 equity shares of face value of Rs 10 each. Subsequent to this allotment, the shareholding of the Promoter & Promoter Group has decreased to 21.82% of the paid up equity share capital of the Company.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

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

First Published: May 11 2017 | 2:10 PM IST

Explore News