|
| Exchange Disseminated Time 28/10/2016 15:44:32 | Sanwaria Agro Oils Ltd has informed BSE that pursuant to the approval by the shareholders in Annual General Meeting on September 30, 2016 for issuing 2,00,00,000 Equity Shares by way of preferential issue, the Board of Directors, at their meeting held on October 28, 2016 at 02.00 P.M. and concluded at 03.00 P.M. has approved “Preferential Allotment" of 20000000 Equity Shares at an issue price of Rs. 25.00/- to the allottees:
Upon allotment of these Equity Shares, the paid up equity share capital of the Company has increased to Rs. 36,80,50,000/- (Rupees Thirty Six Crore Eighty Lacs and Fifty Thousand only) comprising of 36,80,50,000 equity shares of the face value of Rs. 1.00 each.
Subsequent to this allotment, the shareholding of the promoter and promoter group has increased to 71.68% of the enhanced paid up equity share capital of the Company. |
|
|