MoneyWorks4Me

Shaily Engineering Plastics informs about outcome of Board Meeting

01 Jan 2015 Evaluate

Shaily Engineering Plastics has informed that the Board of Directors of the Company at its meeting held on December 31, 2014, inter alia, has considered and approved allotment of 10,00,000 equity shares of Rs. 10 each fully paid up at a price of Rs. 251  per equity share (i.e. at a premium of Rs. 241 per share) to Non promoter investor Ashish Kacholia on preferential allotment basis.

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

Peers