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Outcome of board meeting of Suryalata Spinning Mills

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Capital Market

Held on 05 February 2015

Suryalata Spinning Mills announced that the Board of Directors of the Company at its meeting held on 05 February 2015, inter alia, has transacted the following business:

1. Approved the proposal for further issue of 6,00,000 Equity Shares of Rs. 10/- each on preferential basis at a price not less than price determined in accordance with SEBI (Issue of Capital & Disclosure Requirements), Regulations 2009.

2. Approved the draft notice of postal ballot for considering the proposal for further issue of 6,00,000 Equity Shares on preferential basis.

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First Published: Feb 05 2015 | 2:26 PM IST

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