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Board of Eon Electric allots convertible warrants

Capital Market 

At meeting held on 13 October 2016

Eon Electric announced that the Board of Directors of the Company at its meeting held on 13 October 2016 has allotted 8,45,000 convertible warrants at price of Rs 66.50 (including premium of Rs 61.50) per warrant to VPM Electricals (Promoter & Promoter Group).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 14 2016. 10:04 IST