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| Exchange Disseminated Time | IFB Agro Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 31, 2014, inter alia, has:
1. Approved issue of 362000 Equity Shares at a price of Rs. 188 per share (Face Value of Rs. 10 and premium of Rs. 178 per share) to Nurpur Gases Pvt. Ltd., a "Promoters' group" Company, on preferential allotment basis, subject to approval of shareholders in the General Meeting.
2. The Board has deferred the decision on purchase of the carbon di-oxide and allied businesses of Nurpur Gases Pvt. Ltd. |
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