On 25 September 2014
Riga Sugar Company announced that the Committee for Issue of Share/Warrants in its meeting held on 25 September 2014, has allotted 18,00,000 convertible equity share warrant of Rs. 10/- each at price of Rs. 15.20 each (including premium of Rs. 5.20) to be converted at the option of the warrant holders within 18 months from the date of allotment into one fully paid up equity share of the company of face value of Rs. 10 each at an exercise price of Rs. 15.20 (including premium of Rs. 5.20) for each warrant as per approval of the shareholders by way of special resolution on 11 September 2014 and in accordance with SEBI (Issue of Capital & Disclosure Requirement) Regulations, 2009 to the persons belonging to Promoter Group and to others.Powered by Capital Market - Live News
