Bemco Hydraulics has informed that the Board of Directors of the Company at its meeting held on December 19, 2014, have allotted 4,00,000 Equity Shares, having face value of Rs 10 each at a price of Rs 70 (including a premium of Rs 60) per share aggregating to a sum of Rs 2,80,00,000 as fully paid up shares in the share Capital of the Company to promoters & promoters group and Independent Investor, as approved by the members of the Company in the EGM held on December 10, 2014.
The above information is apart of company’s filings submitted to BSE.