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Board of Arfin India to consider preferential allotment of convertible warrants

Capital Market 

On 02 December 2016

Arfin announced that a meeting of the Board of Directors of the Company is scheduled to be held on 02 December 2016, inter alia, to consider allotment of 10,32,857 Convertible Warrants of Rs. 10/- (Rs. Ten only) per Warrant at premium of Rs. 165/- (Rs. One Hundred and Sixty Five only) per Warrant aggregating to Rs. 175/- (Rs. One Hundred and Seventy Five only) on preferential basis in accordance with the provisions of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and pursuant to the inprinciple approval granted by Stock Exchanges as per Regulation 28 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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First Published: Wed, November 30 2016. 15:28 IST