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Sree Rayalaseema Alkalies & Allied Chemicals informs about board allotment committee meeting

07 Jan 2016 Evaluate

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.

Peers
Company Name CMP
Godrej Industries 1054.40
SRF 2434.70
BASF India 3440.10
Pidilite Inds. 1470.00
Tata Chemicals 614.70
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