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AGARWAL INDUSTRIAL CORPORATION LTD. - Outcome of Board Meeting
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22 Mar 2017
1. Issue and allot 5,00,000 warrants (&apos;Warrants&apos;) at an exercise price of Rs. 345/- each, convertible into equity shares of the face value of Rs. 10/- each, in accordance with Chapter VII of SEBI (ICDR) Regulations, 2009 as amended, on preferential basis to the below mentioned persons other than promoter and promoter group of the Company, in accordance with all applicable laws and regulations.(as per attachment enclosed) 2. Issue and allot 7,00,000 equity shares of face value of Rs. 10/- each (&apos;Equity Shares&apos;) to the person other than promoter and promoter group of the Company as mentioned below pursuant to conversion of 7,00,000 warrants allotted on October 4, 2016, into equal number of equity shares at an exercise price of Rs. 140/- per warrant (including premium)(as per attachment enclosed)
View all announcements for AGARWAL INDUSTRIAL CORPORATION LTD. Source: BSE India