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| Exchange Received Time 29/03/2018 18:35:37 Exchange Disseminated Time 29/03/2018 18:35:43 Time Taken 00:00:06 | The Company has its meeting held on today i.e. 29th March, 2018, inter-alia considered the following business;
1)
a.To further subscribe 14,00,000 equity shares in Sah Polymers Limited (a subsidiary)of face value of Rs. 10/- each at Rs. 30/- each and
b.Further acquisition of 2,20,000 equity shares in Sah Polymers Limited of fac value of Rs. 10/- each at Rs. 30/- each
2)To acquire through purchase or otherwise 0.01% Compulsory Convertible Preference shares in Aeroflex Industries Limited as detailed below;
a.6,36,363, 0.01% Compulsory Convertible Preference shares of face value of Rs.
10/- each,
b.6,37,000, 0.01% Compulsory Convertible Preference shares of face value of Rs.
200/- each and
c.637 equity shares of face value of Rs. 10/- each. |
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