Pincon Spirit informs about outcome of board meeting

26 Sep 2017 Evaluate

In terms of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Pincon Spirit has informed that the Board of Directors of the company at its meeting held on 26th September, 2017 which commenced at 10.00 a.m. and concluded at 10.30 a.m. has approved the part conversion of 2,000,000 convertible warrants into 2,000,000 Equity Shares out of total 5,706,128 convertible warrants to the below mentioned entities pursuant to exercise of their rights of conversion of warrants into Equity Shares and accordingly the Board of directors have allotted 2,000,000 Equity Shares on account of conversion.

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

Peers
Company Name CMP
United Spirits 768.60
United Breweries 1577.75
Radico Khaitan 1146.80
Globus Spirits 773.90
Tilaknagar Inds 108.50
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