WEP Solutions has informed that a Meeting of the Board of Directors of the Company will be held on Thursday, 28th December 2017 at the registered office of the Company at 40/1 A, Basappa Complex, Lavelle Road, Bangalore, to discuss and approve the Allotment of 1,000,000 Warrants convertible into Equity Shares on Preferential basis to WeP Peripherals - Promoter of the Company at an issue price of Rs 60 per warrant (includes premium of Rs 50 per warrant) as per SEBI (ICDR) Regulations, 2009.
The above information is a part of company’s filings submitted to BSE.