Board of Autoline Industries approves raising Rs 73 crore through preferential issue of shares & warrants

At meeting held on 05 October 2018

The Board of Autoline Industries has approved raising of funds of Rs. 73 crore by way of issue of upto 60,27,397 share warrants of Rs. 10 each to IndiaNivesh Renaissance Fund and Promoters at a price of Rs 73/- each and upto 39,72,603 equity shares of Rs. 10 each to the Promoters, Sharjah Cement & Industrial Development Co. and Pravinchandra Batavia at a price of Rs. 73/- each on preferential basis.

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