ALOK INDUSTRIES LTD. - Outcome of Board Meeting

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13 Nov 2014
Alok Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 13, 2014, inter alia, transacted the following :<br/><br/>1. 202300 Equity Shares of Rs.10/- each paid up have been allotted to eligible employees of the Company, who have exercised the ESOP options.<br/><br/>Further the Company has informed that, Credit Analysis and Research Limited ("CARE") has revised the rating assigned to the long term facilities of our Company to "CARE BBB-" (Triple B Minus).<br/><br/>It was decided to extend the Accounting year end of the Company from September 30,2014 to March 31,2015, to align with the requirements of having March 31 as the year end, as required under the Companies Act, 2013. The Company is in the process of obtaining approvals as necessary.
View all announcements for ALOK INDUSTRIES LTD.	Source: BSE India

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