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| Exchange Disseminated Time | | Hydro S & S Industries Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on June 27, 2014 have recommended to issue and allot 21,35,000 equity shares of the face value of Rs. 10.00 each at a premium of Rs. 41.25 each or as may be determined by the Board in accordance with SEBI (ICDR) Regulations, 2009, aggregating to an amount not exceeding Rupee equivalent to USD 2.0 million on preferential basis to a Strategic Investor i.e. Hong Kong Victory Investment Co., Limited, a Company incorporated in HONGKONG having its registered office at RM 2108, 21/F C C WU BLDG, 302 - 308 HENNESSY RD, WANCHAI, HONG KONG. |
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