Mahamaya Steel Industries has informed that the Board of Directors of the Company at its meeting held on August 25, 2014, have subject to the approval of Shareholders and Stock exchange where the shares of the Company are listed, have decided to issue and allot 3,00,000 Equity shares of Rs 10 each on Preferential allotment basis to Promoter and promoter group companies at a price to be calculated as per SEBI (ICDR) Regulation, 2009.
The above information is a part of company’s filings submitted to BSE.
