Sree Rayalaseema Alkalies & Allied Chemicals has informed that the Board Allotment Committee Meeting will be held on January 13, 2016 to consider issue and allotment of 1,30,95,272 Convertible Share Warrants having face value of Rs 10 each in three tranches at an issue price of Rs 17.02 (as approved by the shareholders in the Annual General Meeting held on September 16, 2015) on Preferential basis to Brilliant Industries, (Promoter) pursuant to SEBI (ICDR) Regulations, 2009.
The above information is a part of company’s filings submitted to BSE.