Board of Rasi Electrodes allots equity shares on conversion of warrants

At meeting held on 28 August 2014

Rasi Electrodes announced that the Board of Directors of the Company at its meeting held on 28 August 2014 have allotted 240,000 equity shares of Rs 10 each at a price of Rs 35.82 per share up on conversion of 240,000 warrants issued to promoters.

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