Corporate Announcement
Security Code : 513262    Company : SSWL    
 
Updates on ensuing Board Meeting on Oct 23, 2015 
  Exchange Disseminated Time     14/10/2015 12:36:27
With reference to the earlier letters dated October 01, 2015 & October 13, 2015 regarding Board Meeting to be held on October 23, 2015. In this connection, Steel Strips Wheels Ltd has now informed BSE that the Board of Directors of the Company in the said meeting will also consider the issue of up to 2,07,000 equity shares of Rs. 10/- each to Kalink Co. Ltd. (Non Promoter Category), @ 640/- per equity share, by way of preferential allotment basis, under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and its subsequent amendments made from time to time and other applicable rules, regulations and guidelines and subject to the approval of Shareholders, Statutory Authorities/ Regulatory authorities or any other approval as may be required.
 

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