Navkar Builders has informed that the Board of Directors of the Company at its meeting held on April 03, 2014, has allotted 43,63,300 equity shares of Rs. 10 each at a price of Rs. 10 per equity shares (at par) on preferential basis to Non Promoters, as approved by the members of the company in their meeting held on March 24, 2014.
The above information is a part of company’s filings submitted to BSE.