HINDUSTAN MOTORS UP 5%
>Company proposed preferential issue of upto 1.18 crore equity shares together with upto 1,18,00,000 warrants in accordance with Chapter VII of the SEBI ICDR Regulations be fixed at Rs 12.25 each
>Issue to Amer Investments (Delhi) Limited, Bengal Rubber Company Limited, Central India Industries Limited and Hindusthan Discounting Company Limited being part of the promoter/promoter group of the companies, on preferential basis