Signet Industries informs about outcome of Board Meeting

21 Mar 2015

Signet Industries has informed that the Board of Directors of the Company at its meeting held on March 20, 2015, has approved the Letter of Offer and send it to the respective shareholders, the board has also given consent to issue 60,00,000 2% Non-convertible Non-Cumulative Redeemable Preference Shares of Rs 10 each at premium of Rs 40 each fully paid-up on private placement basis after giving approval by the shareholders in the EGM dated March 19, 2015 and given consent to open a separate bank account in the name of the Company for the purpose of keeping the share application money.

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

Related Signet Industries Ltd. Links:

Signet Industries Share Price

22.35 -0.40 (-1.76%) Jan 24, 18:01
1 Year Price Chart
Peers
Company Name CMP
MMTC 22.20
Redington 115.55
Adani Enterprises 229.75
Amrapali Industries 3.10
State Trading Corp 49.30
View more..
Sensex vs Signet Industries
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463