Akashdeep Metal Industries has informed that the Board of Directors of the Company in its meeting held today, Tuesday, 27th February 2018 at 10:00 a.m. and concluded on 11:00 a.m. considered and approved the allotment of 54,04,121 Equity Shares of Rs 10 each at a price of Rs 30.50 per shares including a premium of Rs 20.50 per share.
The above information is a part of company’s filings submitted to BSE.