Business Standard

Sumeet Industries to allot 2.48 crore equity shares

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Capital Market

Under rights issue

Sumeet Industries announced that the Right Issue Committee of the company in its meeting held on 24 January 2018 has approved the allotment of 2,48,74,173 Equity Shares of face value of Rs 10/- each at a price of Rs. 24/- per Rights Equity Shares (Including a premium of Rs. 14/- per equity share) on a right basis, to all eligible equity shareholders, who have subscribed to the said issue and whose applications were valid.

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First Published: Jan 24 2018 | 11:58 AM IST

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