Corporate Announcement
Security Code : 524019    Company : KINGFA    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     11/09/2015 17:00:50
Hydro S & S Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 11, 2015, has :

1. Elected Mr. Bo Jingen, Managing Director as Chairman of the Board of Directors with effect from September 11, 2015 and he was designated as Chairman and Managing Director.

2. Rights entitlement - Rights Issue of 37,03,364 equity shares of face value Rs.10/- each for cash at an issue price of Rs.270/- per equity share (including premium of Rs.260/- per equity share) in the ratio of 578 equity shares for every 1000 equity shares held, aggregating to Rs.99.99 Crores.
 

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