Corporate Announcement
Security Code : 513335    Company : METALFORGE    
 
Allotment Of 40,00,000 Equity Shares And 24,00,000 Convertible Warrants To Amtek Auto Limited (Promoter Group Company) By Way Of Preferential Allotment.Download PDF Download XBRL
  Exchange Received Time  31/03/2017 19:37:18         Exchange Disseminated Time   31/03/2017 19:37:20              Time Taken   00:00:02
The Allotment Committee of Board of Directors of the Company in their meeting held today i.e. 31st March, 2017 has allotted 40,00,000 Equity Shares of face value of Rs. 10/- each, at a price of Rs. 100/- per share including premium of Rs. 90/- per Equity Share, aggregating to Rs. 40,00,00,000 to the Promoter group Company i.e. M/s Amtek Auto Limited by way of preferential allotment. Further, the Company has also allotted 24,00,000 Convertible Warrants, each convertible into, or exchangeable for, one Equity Share of face value of Rs. 10/- each, at a price (including the Warrant subscription price and warrant exercise price) of Rs. 100/- each aggregating to Rs. 24,00,00,000 to the Promoter group Company i.e. M/s Amtek Auto Limited by way of preferential allotment. You are requested to kindly take the same on record and oblige.
 

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