On conversion of warrants
Suryaamba Spinning Mills has announced that the Board of Directors of the Company at its meeting held on 31 March 2014, has allotted 1,30,000 equity shares at a premium of Rs 15.15 per share i.e. issue price of Rs 25.15 each to the promoters against the part conversion of 1,30,000 warrants issued on 06 March 2013 on preferential basis in compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Powered by Capital Market - Live News
