Bharati Shipyard has informed that the Board of Directors of the Company at its meeting held on January 07, 2016 have approved for issuance and allotment of 2,647,313 convertible warrants at Rs 22 per warrant on preferential basis to Edelweiss Finance & Investments Limited in compliance with all statutory and relevant regulations. The Company has received 25% amount towards the issue price i.e. Rs 5.50 per warrant, totaling to Rs 14,560,221.50 from Edelweiss Finance & Investments Limited. Accordingly, the Company have allotted on January 07, 2016, 2,647,313 convertible warrants to Edelweiss Finance & Investments Limited.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Mazagon Dock Ship | 2564.00 |
| Cochin Shipyard | 1495.50 |
| VMS Industries | 24.32 |
| Knowledge Marine & E | 1833.55 |
| Laxmipati Engineerin | 257.05 |
| View more.. | |
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