Held on 11 September 2015
Hydro S&S Industries announced that the Board of Directors of the Company at its meeting held on 11 September 2015, has :1. Elected Bo Jingen, Managing Director as Chairman of the Board of Directors with effect from 11 September 2015 and he was designated as Chairman and Managing Director.
2. Rights entitlement - Rights Issue of 37,03,364 equity shares of face value Rs.10/- each for cash at an issue price of Rs.270/- per equity share (including premium of Rs.260/- per equity share) in the ratio of 578 equity shares for every 1000 equity shares held, aggregating to Rs.99.99 crore.
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