Rajvir Industries has informed that the Board of Directors of the Company at its meeting held on July 29, 2015, was decided to issue 10,75,273 shares of Rs 10 each on preferential basis at a price of Rs 46.50 ps or as per the SEBI Issue of Shares on Preferential Basis Guidelines to Usha Agarwal and Arti Agarwal, promoters of the Company, against the monies brought in by them into the Company, as per the CDR package sanctioned by the Corporate Debt Restructuring Cell vide their letter dated August 21, 2014 and CDR(SSA) dated August 21, 2014.
The above information is a part of company’s filings submitted to BSE.
