Board of Steel Exchange India allots 76.92 lakh equity shares on conversion of loans

On 04 June 2021

Jun 04, 2021 07:06 IST capital market

The Board of Steel Exchange India on 04 June 2021 has approved the allotment of 76,92,306 equity shares of Rs.10/- each on a preferential basis to the promoters by way of conversion of unsecured loans, at a price of Rs.39/- per equity share (including a premium of Rs.29/- per Equity Share) on Preferential basis.

Consequent to the said allotment the issued, subscribed and paid-up capital of the Company stands at 88,08,11,770 comprising of 8,80,81,177 equity shares of face value of Rs. 10/- each.

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