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PTC India Financial Services to allot equity shares to PTC India

Capital Market 

On preferential basis

Financial Services announced that the Committee of Directors of the Company in their meeting held on 29 November 2016 considered and approved the Preferential Allotment of 8,02,00,000 equity of Rs. 10/- per share at an issue price of Rs. 38.50/- per share (including premium of Rs. 28.50/- per shares) to PTC India, a person belonging to 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: Wed, November 30 2016. 15:39 IST