Board of M.P. Polypropylene approves preferential allotment of shares

At meeting held on 19 September 2014

M.P. Polypropylene announced that the Board of Directors of the Company at its meeting held on 19 September 2014, inter alia, has considered and approved allotment of 2541600 Equity Shares at a price of Rs. 22.30 (including premium of Rs. 21.30) on preferential basis to non-promoters.

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