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Deep Industries informs about outcome of Board Meeting

22 Apr 2014 Evaluate

Deep Industries has informed that the Board of Directors of the Company at its meeting held on April 22, 2014, has allotted 29,50,000 Equity Shares of Rs. 10 at a premium of Rs. 24 per share to the allottees upon conversion of 29,50,000 Convertible Warrants which were allotted on December 31, 2013 at a price of Rs. 34 per Warrant on Preferential basis.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
ONGC 234.55
Oil India 455.10
Jindal Drilling&Inds 529.65
Deep Industries 648.90
Asian Energy Service 407.05
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