AUTOLITE (INDIA) LTD. - Outcome of Board Meeting

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29 Sep 2015
Autolite (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2015, inter alia, has transacted the following:<BR><BR>1. Allotment of 500,000 warrants convertible within 18 months at Rs. 18/- per warrant convertible into 500,000 equity shares of Rs. 10/- at a premium of Rs. 8/- per share on preferential basis to the promoters.<BR><BR>2. Allotment of 100,000 warrants convertible within 18 months at Rs. 18/- per warrant convertible into 100,000 equity shares of Rs. 10/- at a premium of Rs. 8/- per share on preferential basis to the strategic investors.
View all announcements for AUTOLITE (INDIA) LTD.	Source: BSE India

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