NCL INDUSTRIES LTD. - Outcome of Board Meeting

NCL Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2015, has allotted 17,95,455 Equity Shares of Rs.10/- each issued at a premium of Rs. 12/- per share to promoter group in terms of the Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting held on April 02, 2014 and after obtaining necessary approvals from SEBI vide letter dated May 14, 2015.