Corporate Announcement
Security Code : 500201    Company : INDIAGLYCO    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     
India Glycols Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2012, has allotted the 3305259 Equity shares of Rs. 10 each at a premium of Rs 128.56 per share aggregating Rs. 138.56 per equity share (determined as per Guidelines for Preferential Issues under SEBI (ICDR) Regulations, 2009) to promoters and promoters’ group companies as approved by the shareholders at their meeting held on September 15, 2012.

The allotment is made strictly in accordance with the provisions of the Companies Act 1956, Securities Contracts (Regulation) Act, 1956, Securities and Exchange Board of India Act, 1992, the Depositories Act, 1996 including the Rules, Regulations, Guidelines, etc. made there under, Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and the Listing Agreement with Stock Exchanges.
 

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