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Shiva Cement approves preferential issue of equity shares

06 Jun 2012 Evaluate
Shiva Cement has informed that the board of directors of the company at its meeting held on June 06, 2012 has approved the preferential issue of 5.00 million equity shares to promoter’s group at a price of Rs. 11 per share (including premium of Rs. 9/- per share) upon conversion of equity share warrants. The outstanding bonus shares to the respective allottee upon conversion of equity share warrants have also been allotted.

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

Peers
Company Name CMP
Ultratech Cement 10750.00
Ambuja Cements 382.10
ACC 1223.40
Shree Cement 21956.00
Dalmia Bharat 1687.95
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