You are here: Home » News-CM » Companies » News
Business Standard

Outcome of board meeting of Lux Industries

Capital Market 

Held on 13 March 2018

The Board of Industries at its meeting held on 13 March 2018 has approved the following -

Redemption of 56 lakh Non Convertible Redeemable Preference Shares of 100 each at par on 16 March 2018.

The Board has approved further investment in equity shares of (wholly owned subsidiary of the company). will cease to be wholly owned subsidiary of the company and remain a subsidiary of the company following allotment of further shares to selected group of person on private placement basis including Industries.

Powered by Capital Market - Live News

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

First Published: Tue, March 13 2018. 18:42 IST