Mapro Industries has informed that the Board of Directors of the company at its meeting held on September 25, 2014, has allotted 16,73,925 Equity Shares of face value of Rs 10 each at a price of Rs 112.50on preferential basis in accordance with SEBl (ICDR) Regulations, 2009 to other than promoters on a preferential basis, as approved by the members of the company in the Extra-Ordinary General Meeting held on September 06, 2014 and pursuant to in-principal approval received from BSE Limited vide their letter dated September 12, 2014.
The above information is a part of company’s filings submitted to BSE.