ALSO READSanrhea Technical Textile standalone net profit rises 640.00% in the December 2017 quarter Rs 10,500 cr investment committed for GIFT City:CEO Sanrhea Technical Textile announces board meeting date Sanrhea Technical Textile to convene board meeting Board of Sanrhea Technical Textile approves preferential allotment of warrants
At meeting held on 09 March 2018The Board of Sanrhea Technical Textile at its meeting held on 09 March 2018, inter alia, have approved the conversion of 3,49,000 warrants into 3,49,000 Equity Shares of Rs.10/- each out of total 7,90,000 warrants allotted on November 24, 2017 on preferential allotment basis to the promoter group. Pursuant to exercise of their rights of conversion of warrants into equity shares and accordingly the Board of Directors have allotted 3,49,000 equity shares at Rs. 15/- each (including Rs. 5/- premium) on account of conversion.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)