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Rishiroop informs about outcome of securities issue committee meeting

14 Dec 2016 Evaluate

Rishiroop has informed that the Securities Issue Committee of the Board of Directors of the Company has in the meeting held on December 14, 2016 has approved allotment of 1,080 equity shares of Rs 10 each of the Company to holders of Optionally Convertible Preference Shares (OCPS) who exercised their option to convert their OCPS holding to equity shares as per the terms of the Scheme of Amalgamation (‘Scheme’) sanctioned by the Hon’ble High Court of Judicature at Bombay vide its order dated May 08, 2015, and Hon’ble High Court of Gujarat at Ahmedabad vide its order dated June 23, 2015.

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

Rishiroop Share Price

102.10 3.94 (4.01%)
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