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EMCO LTD. - Outcome of Board Meeting
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24 Feb 2015
Emco Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 24, 2015 has approved the Private Placement Issue / Offer of 24,39,025 (Twenty Four Lakhs Thirty Nine Thousand And Twenty Five) Equity shares of Rs. 2/- each at a price of Rs. 41/- per share to be made to EMCO Investments Private Limited (a Promoter Group Company) on a preferential basis, in accordance with the approval given by the Shareholders at the Extra Ordinary General Meeting held on January 22, 2015 and the &apos;in principal approval&apos; letters received from BSE dated February 18, 2015 &amp; NSE dated February 16, 2015 in this regard.
View all announcements for EMCO LTD. Source: BSE India