OTHER GROUP COMPANIES
market

Outcome of board meeting of Signet Industries

Held on 20 March 2015

March 20, 2015 8:38 IST | Captital Market
Signet Industries announced that the Board of Directors of the Company at its meeting held on 20 March 2015, has transacted the following business: -

1. Approved the Letter of Offer and send it to the respective shareholders.

2. The board has also given consent to issue 60,00,000 (Sixty Lakhs) 2% Non-convertible Non-Cumulative Redeemable Preference Shares of Rs. 10/- (Rupees Ten Only) each at premium of Rs. 40/- (Rupees Forty) each fully paid-up on private placement basis after giving approval by the shareholders in the EGM dated 19 March 2015.

3. Given consent to open a separate bank account in the name of the Company for the purpose of keeping the share application money.

Powered by Capital Market - Live News

Invest wise with Expert advice

FEATURED ARTICLE

BLOGS

Open Demat Account

Invest wise with Expert advice

By continuing, I accept the Terms & Conditions and agree to receive updates on Whatsapp