Sanwaria Consumer has informed that the board of directors of the company at its meeting held today ie., Tuesday, 20th February 2018, has considered and approved the issue of 28,571,428 Equity Shares on preferential basis to promoters of 10 face value at Rs 35 Per share (including the premium of 25 per share); the Increase in Authorised Share Capital to facilitate the above mentioned approved preferential issue; and the SCL Employee Stock Option (ESOP).
The above information is a part of company’s filings submitted to BSE.
