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Sanghvi Forging & Engg allot equity shares

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Capital Market

Of Rs 10 each

Sanghvi Forging & Engineering announced that the company on 19 February 2014 has allotted 6,00,000 equity shares of nominal value of Rs 10 each at a price of Rs 37.50 per equity share, including premium of Rs 27.50 per equity share to promoters of the company against an option attached to warrants to convert each warrant into fully paid up equity share.

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First Published: Feb 20 2014 | 11:11 AM IST

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