|
| Exchange Disseminated Time | Sadbhav Engineering Ltd has informed BSE that the QIP Committee (the "Committee") of the Board of Directors of the Company at its meeting held on October 21, 2014, has, decided to issue and allot on October 21, 2014, 1,15,74,000 equity shares of face value Re. 1 each ("Equity Shares") at a price of Rs. 216 per Equity Share (including a premium of Rs. 215 per Equity Share), aggregating to Rs. 249,99,84,000/- (Rupees Two Hundred Fourty Nine Crores Ninety Nine Lacs Eighty Four Thousand only) in accordance with Section 42 of the Companies Act, 2013 (including the rules made thereunder) and Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.
Post allotment, the paid up Equity Share Capital of the Company would stands at 17,14,35,800 equity shares of Re. 1/- each aggregating to Rs. 17,14,35,800/-. |
|
|