Corporate Announcement
Security Code : 505688    Company : BHARATGEAR    
 
Outcome of Committee MeetingDownload PDF Download XBRL
  Exchange Received Time  18/09/2017 19:40:28         Exchange Disseminated Time   18/09/2017 19:40:35              Time Taken   00:00:07
Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('the Regulations'), this is to inform that the Finance Committee of Board of Directors of the Company at its meeting held on 18th September, 2017 considered and approved the issue of 3,25,000 (Three Lacs Twenty Five Thousand) Equity Shares having the face value of Rs. 10/- (Rupees Ten Only) each to Mr. Surinder P. Kanwar, Promoter of the Company on preferential basis subject to such other necessary regulatory approvals as may be required in this regard. The Equity Shares shall be issued at a price which shall be arrived as per the provisions of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended.
 

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