L.G.BALAKRISHNAN & BROS.LTD. - Board Meeting Outcome for Outcome Of Board Meeting Held On 13.03.2024.
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| 13 Mar 2024 | |
| 1. Pursuant to the special resolution passed by the members at their Serial No.01/2023-24 Extra-Ordinary General Meeting held on 2nd March, 2024 and in pursuance of the In-Principle Approval Letter(s) dated 4th March, 2024 received from BSE Limited and The National Stock Exchange of India Ltd, the Stock Exchange(s), the Board of Directors has approved the allotment of 5,00,000 (Five Lakhs Only) Warrants, each fully convertible into, or exchangeable for, 1 (one) fully paid-up Equity Share of the Company having face value of Rs. 10/- each (Rupees Ten only) ('Warrants') for cash at a price of Rs.1,292/- (Rupees One Thousand Two Hundred and Ninety Two only) per Warrant (including a premium of Rs.1,282/- per Warrant) ('Warrants Issue Price'), to Sri. B. Vijayakumar (Promoter), Smt. Rajsri Vijayakumar (Promoter Group), M/s. L.G.B. Auto Products Private Limited (Promoter Group) and M/s. L.G. Sports Private Limited (Promoter Group) | |
| View all announcements for L.G.BALAKRISHNAN & BROS.LTD. | Source: BSE India |
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