Enkei Wheels (India) has informed that the Board of Directors of the Company at its meeting held on January 11, 2016, has allotted 706,500 Equity Shares at the price of Rs 188 (including premium of Rs 183) to its Promoter Enkei Corporation, Japan on preferential basis. The shareholders of the Company have already accorded their consent for this issue in their meeting held on January 04, 2016.
The above information is a part of company’s filings submitted to BSE.