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Outcome of board meeting of Niraj Cement Structurals

Capital Market 

Held on 17 October 2016

Structurals announced that the Board of Directors of company at their meeting held on 17 October 2016, inter alia, discussed and approved the followings:

1. Appointment of Gulshan Vijaykumar Chopra as Managing Director.

2. Preferential offer and issue of up to 1,50,00,000 (One Crore Fifty Lacs) Warrants, convertible into equivalent number of Equity Shares of Rs. 10/- each to the promoter and promoter group subject to the required approvals.

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

First Published: Tue, October 18 2016. 09:33 IST