At meeting held on 22 September 2015
ABG Shipyard announced that the Security Issue Committee of the Board of Directors of the Company has, at its meeting held on 22 September 2015, have allotted 1,24,400 (One Lac Twenty Four Thousand Four Hundred) nos. of fully paid-up Equity Shares of Rs. 10/- (Rupees Ten Only) each at a price of Rs. 275.92 to the CDR Lenders as per CDR Package on preferential basis under Chapter VII - "Preferential Issue" of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.The said allotment of 1,24,400 (One Lac Twenty Four Thousand Four Hundred) nos. of Equity Shares of Rs. 10/- (Rupees Ten Only) each shall be fully paid-up at the time of allotment and shall be subject to the lock-in for such period as may be prescribed under the SEBI ICDR Regulations.
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