SEL Manufacturing Company decides closure of GDR issue

02 Jun 2012
SEL Manufacturing Company has informed that the board of directors of the company at its meeting held on June 01, 2012, has decided to close the issue of global depository receipts (GDRs) which was opened on May 29, 2012. 

Further, the board of directors of the company in the said Meeting held on June 01, 2012, has allotted 2,200,000 global depository receipts (GDRs) (representing 220,000,000 equity shares of the company of the face value of Rs.10 each) at a price of US$19.6429 per GDR aggregating US$ 43,214,380.
The above information is part of company’s filing submitted to the BSE.

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