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Outcome of board meeting of Rexnord Electronics & Controls

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Capital Market

Held on 23 September 2014

Rexnord Electronics & Controls announced that the Board of Directors of the Company at its meeting held on 23 September 2014 allotted 34,78,800 Warrants carrying an entitlement to subscribe to an equivalent number of equity shares of face value of Rs. 10/- each at a price of Rs. 13.40/- on preferential basis in accordance with SEBI (ICDR) Regulations, 2009 to the Promoters & Non-Promoters, as approved by the members of the Company in the Annual General Meeting held on 30 August 2014.

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First Published: Sep 23 2014 | 7:51 PM IST

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