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Shilpi Cable Technologies informs about outcome of Board Meeting

20 Mar 2015 Evaluate

Shilpi Cable Technologies has informed that the Board of Directors of the Company at its meeting held on March 19, 2015, has considered and approved the preferential allotment of 23,00,000 Equity shares upon conversion of warrants, to Shilpi Cables, a promoter group Company at a price of Rs  65 each.

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

Peers
Company Name CMP
Polycab India 8137.00
KEI Industries 4500.00
RR Kabel Ltd. 2379.50
Finolex Cables 1339.60
Precision Wire India 439.95
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