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Outcome of board meeting of Shantai Industries

Capital Market 

Held on 11 July 2017

The Board of Shantai Industries at its meeting held on 11 July 2017 has transacted the following -

It was resolved to allot 10,00,000 equity shares of Rs. 10/- each as bonus shares fully paid-up to the members holding equity share of the company as on 10 July 2017 being the record date declared.

The board discussed various alternate avenues to raise funds for working of the company.

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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, July 11 2017. 19:04 IST