Moneycontrol
Sep 16, 2017 01:48 PM IST | Source: Moneycontrol.com

Balrampur Chini allots 360 equity shares of Re 1 each

The Board of Directors of Balrampur Chini has allotted 360 equity shares of Re 1 each of the Company at a price of Rs 26 per equity share on rights basis at their meeting held on September 15, 2017, subject to In-principal approval for listing and trading from the Stock Exchanges and other regulatory formalities.

 
 
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Allotment of Equity Shares previously kept in abeyance - The Board of Directors of the Company has allotted 360 Equity Shares of Re.1 each of the Company at a price of Rs. 26 per Equity Share (including premium of Rs. 25 per Equity Share) on rights basis at their meeting held on 15th September, 2017, subject to In-principal approval for listing and trading from the Stock Exchanges and other regulatory formalities. These shares were kept in abeyance out of the Rights Issue 2004 of the Company pursuant to the applicable provisions of the Companies Act, 1956/2013.
Source : BSE
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