Board of WEP Solutions approves preferential allotment of shares

Explore Business Standard

At meeting held on 23 December 2016
WEP Solutions announced that the Board of Directors of the company at its meeting held on 23 December 2016 has decided to issue and allot 20 lakh equity shares of Rs 10 each at a price of Rs 50 per share for a total consideration of Rs 10 crore to the proposed allottees on preferential basis. The Board also allotted 25,200 equity shares of Rs 10 each under ESOP 2011.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Dec 23 2016 | 7:28 PM IST