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Sat Industries informs about Outcome of Board Meeting

22 Jul 2014 Evaluate

Sat Industries has informed that the Board of Directors of the Company at its meeting held on July 21, 2014 allotted 6925000 number of equity shares of Rs. 2  each at a premium of Rs. 0.10 per share and also 4000000 number of warrants convertible into equity shares at a consideration of Rs. 2.10 per warrant in accordance with the Chapter VII of the Securities and Exchange Board of India (Issue of capital and Disclosure Requirements) Regulations, 2009 as amended to promoters and non-promoters.

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

 

 

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