Desktop Site
|
19 Apr 24 | 16:00
|
Close
Equity
SME
Eq Drv
Currency
Commodity
Corporates
Get Quote
*
Notices
|
S&P
BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
521070
Company
ALOK INDUSTRIES LTD.
Exchange Received Time
28/02/2020 16:58:17
Exchange Disseminated Time
28/02/2020 16:58:23
Time Taken
00:00:06
Announcement under Regulation 30 (LODR)-Allotment |
2/28/2020 4:58:19 PM
We refer to the 'In-principle approval' under Reg 28(1) of the SEBI (LODR), 2015 granted by BSE on 25th February, 2020 (for Equity Shares) and 27th Feb, 2020 (for OCPS) and NSE on 27th Feb, 2020 (for both Equity Shares and OCPS) for the issue of (1)83,33,33,333 equity shares of the face value of Rs.1/- each for cash at a premium of Rs.2/- per share; and (2)9% - 250,00,00,000 Optionally Convertible Preference Shares of the face value of Rs.1/- to Reliance Industries Limited on a preferential basis. The Monitoring Committee of the Company, pursuant to the Resolution Plan dtd 12 April 2018 approved by the National Company Law Tribunal, Ahmedabad Bench vide its orders dtd. 8 March 2019 and 26th July 2019, has on 28th Feb, 2020 issued and allotted (1)83,33,33,333 equity shares of the face value of Rs.1/- each for cash at a premium of Rs.2/- per share; and (2)9% -250,00,00,000 OCPS of the face value of Rs.1/- for cash to Reliance Industries Limited on a preferential basis.
Attachment
<< Back
Recently Viewed