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Outcome of board meeting of PBM Polytex

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Capital Market

Held on 10 October 2016

PBM Polytex announced that the Board of Directors of the Company at its meeting held on 10 October 2016 accepted the proposal of Eurotex Industries and Exports, an associate company, for subscribing to their issue of 6% Non Comulative Non Convertible Preference Shares of Rs 10 each for cash at par aggregating Rs 5 crore on private placement basis.

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First Published: Oct 10 2016 | 1:28 PM IST

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