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Assambrook allots equity shares

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Capital Market

On conversion of preference shares

Assambrook announced that the Board of Directors of the Company at its meeting held on 30 May 2016 has resolved to issue and allot 4250000 equity shares of Rs. 10 each at par against conversion of 425000, 6% Non Cumulative Redeemable Preference Shares of Rs. 100 each as per terms and condition of issue and allotment of 6% Non Cumulative Redeemable Preference Shares to Allahabad Bank, International Branch, 119 Park Street, Kolkata-16.

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First Published: Jun 17 2016 | 10:19 AM IST

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