Due to allotment of preference shares
SEL Manufacturing Company announced that the Paid up Share Capital of the Company has been increased from Rs. 331,34,70,000/- to Rs. 401,05,70,000/-, divided into 33,13,47,000 Equity Shares of Rs. 10/- each and 6,97,10,000, 1% Non-Cumulative, Non-Convertible Redeemable Preference Shares of Rs. 10/- each pursuant to allotment of 6,97,10,000, 1% Non-Cumulative, Non-Convertible, Redeemable Preference Shares of Rs. 10/- each by the Board of Directors of the Company at its meeting held on 16 October 2014 to the Promoters of the Company. The Company does not intend to list such Preference Shares on the Stock Exchange(s).Powered by Capital Market - Live News
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