Excel Industries has informed that a meeting of the Allotment Committee of the Directors of the Company will be held on July 24, 2015 to consider issue and allotment of 8,25,000 Equity Shares of the Company to Utkarsh Global Holdings (a promoter group Company ) on preferential basis in terms of Chapter VII of SEBI (ICDR) Regulations, 2009.
The above information is a part of company’s filings submitted to BSE.