Subros has informed that the meeting of the Board of Directors of the Company is scheduled on 27/09/2018, to approve issuance of 52,47,150 equity shares on preferential basis to DENSO Corporation, Japan (DENSO), determine the price and to convene an extraordinary general meeting of the shareholders. Also, pursuant to the Code of Conduct the Company and SEBI (Prohibition of Insider Trading) Regulations, 2015, (Regulations) the trading window for dealing / trading by designated persons in the equity shares of the Company shall be closed from 24th September, 2018 and will re-open forty-eight hours after the details of preferential issue are made public in accordance with the above said Regulations.
The above information is a part of company’s filings submitted to BSE.
