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Rexnord Electronics & Controls informs about outcome of Board Meeting

24 Sep 2014 Evaluate

Rexnord Electronics & Controls has informed that the Board of Directors of the Company at its meeting held on September 23, 2014 allotted 34,78,800 Warrants carrying an entitlement to subscribe to an equivalent number of equity shares of face value of Rs. 10  each at a price of Rs. 13.40/- on preferential basis in accordance with SEBI (ICDR) Regulations, 2009 to the Promoters & Non-Promoters, as approved by the members of the Company in the Annual General Meeting held on August 30, 2014.

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

Peers
Company Name CMP
Waaree Energies 2341.00
Apar Industries 14355.15
Havells India 1032.00
Suzlon Energy 37.40
Siemens 3250.00
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