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Shiva Cement informs about outcome of board meeting

07 Dec 2016 Evaluate

Shiva Cement has informed that the Board of Directors of the Company at its meeting held on December 06, 2016, has approved the allotment of 8,000,000 Numbers of Equity Shares of Rs 2 each at a premium of Rs 4.20 per share to Harsh Vanijya Private upon exercise of option by them for conversion of Equity Share Warrants earlier allotted to them on preferential basis.

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

Peers
Company Name CMP
Ultratech Cement 11195.00
Ambuja Cements 349.80
ACC 1142.35
Shree Cement 23000.15
Dalmia Bharat 1517.70
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