Corporate Announcement
Security Code : 509874    Company : SHALPAINTS    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  17/11/2018 12:48:28         Exchange Disseminated Time   17/11/2018 12:48:35              Time Taken   00:00:07
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors in its meeting held today i.e., November 17, 2018 and concluded at 12:30 P.M., has inter alia, approved the Letter of Offer, Abridged Letter of Offer and Composite Application Form which will be filed with BSE Limited and National Stock Exchange of India Limited in respect of proposed Rights Issue of 3,37,47,518 Equity Shares of face value of Rs.2 each of the Company for cash at a price of Rs. 64.50 (including premium of Rs. 62.50) per Equity Share for an aggregate amount of Rs. 21,767.15 Lakhs to the Eligible Equity Shareholders.

Issue Opening Date: December 3, 2018
Last date for request of Split Application Forms (SAFs): December 10, 2018
Issue Closing Date: December 17, 2018
 

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