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Shree Renuka
BSE: 532670NSE: RENUKAISIN: INE087H01022

21st-Sep-2020 16:18Source: BSE

Shree Renuka Sugars - Announcement under Regulation 30 (LODR)-Preferential Issue

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, we inform you that the Allotment Committee of the Board of Directors of the Company, through a circular resolution dated 21st September 2020, has considered and approved the allotment of 21,16,70,481 Equity Shares of Re. 1/- per share, for cash at a price of Rs. 8.74 per share aggregating to Rs. 185,00,00,004/- (Rupees One Hundred and Eighty Five Crores Four only) on preferential basis to our Promoter, Wilmar Sugar Holdings Pte Ltd.