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Greycells Education informs about outcome of Board Meeting

13 May 2014 Evaluate

Greycells Education has informed that in terms resolution passed through the postal ballot on May 05, 2014, receipt of in-principle approval from Stock Exchange vide their letter dated April 28, 2014 and the subsequent application by Krisma Investments Pvt Ltd. the Company’s Board has at its meeting held on May 13, 2014 issued and allotted 19,00,000 Equity Shares of Rs 10 each fully paid up to Krisma Investments Pvt Ltd, an entity belonging to promoter group of the Company on preferential allotment basis.

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

 

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