Corporate Announcement
Security Code : 512179    Company : SUNTECK    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  27/10/2017 21:21:07         Exchange Disseminated Time   27/10/2017 21:21:12              Time Taken   00:00:05
This is to inform you that the Board of Directors at their meeting held today i.e. October 27, 2017 approved the proposal to issue equity shares on preferential basis of face value of Re. 1/- to the Promoters and Promoters Group namely Astha Trust, Glint Infraprojects Private Limited , Eskay Infrastructure Development Private Limited, Starteck Infraprojects Private Limited, i.e. Equity Shares 46,67,697 at an issue price of Rs. 323.50/- (including a premium of Rs. 322.50/-) per equity share amounting approximately to Rs. 151 crores in accordance with chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and subsequent amendments thereto, who form part of the person belonging to the Promoter Category subject to all the requisite approvals including the approval from members of the Company.
 

Disclaimer

Back To Announcements