Rexnord Electronics & Controls has informed that the Board of Directors of the Company at its meeting held on December 23, 2014, has Allotted 12,00,000 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. 24.50/- on preferential basis in accordance with SEBI (ICDR) Regulations, 2009 to the Promoters/Promoters group, as approved by the members of the Company in the Extra-Ordinary General Meeting held on December 10, 2014.
The above information is a part of company’s filings submitted to BSE.
