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Sat Industries informs about outcome of board meeting

09 Dec 2015 Evaluate

Sat Industries has informed that the Board of Directors of the Company at its meeting held on December 09, 2015 has allotted 18,000,000 number of warrants convertible in to equity shares at a consideration of Rs 7.00 per warrant in accordance with the Chapter Vll of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended to promoter and Non Promoters.

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

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