Salzer Electronics allots equity shares
On conversion of warrants
Salzer Electronics announced that the Sub-Committee of the Board at its Meeting held on 26 August 26, 2016 approved the allotment of 88,000 Equity Shares of Rs. 10/- each with a premium of Rs. 241.45 per share to the allottees, upon conversion of similar quantum of share warrants issued at price of Rs. 251.45 per warrant under Chapter VII (Preferential Issue) of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 26 2016 | 12:21 PM IST