Corporate Announcement
Security Code : 539201    Company : SATIA    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     13/08/2016 17:39:40
Satia Industries Ltd has informed BSE that the Board of Director of the Company in their meeting held on August 13, 2016, have approved the proposal for issue of convertible equity warrants on a Preferential basis to Promoter and also to other than promoters (Other person/bodies corporate) in accordance with the 'Guidelines for Preferential Issue' contained in Chapter VII of the Securities and Exchange Board of India (issue of Capital and Disclosure Requirement) Regulation 2009. The Board has also granted In-principle approval of Merger of T.C.Spinners (P) Ltd with Satia Industries Ltd.
 

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