Signet Industries Limited - Outcome of Board Meeting

Signet Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 27, 2015, has transacted the following business: -<BR><BR>1. The board has given consent to allot 2% Non-convertible Non-Cumulative Redeemable Preference Shares of Rs. 10/- (Rupees Ten Only) each at premium of Rs. 40/- (Rupees Forty] each fully paid-up on private placement basis.