Rexnord Electronics & Controls has informed that the Board of Directors of the Company at its meeting held on June 12, 2015, has allotted 23, 80,500 Equity Shares of Rs. 10 each at a premium of Rs. 3.40 each to promoters and non-promoters on conversion of 23, 80,500 Warrants issued on preferential basis, pursuant to approval of shareholders of the Company accorded on August 30, 2014 in the Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
