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GG Engineering informs about outcome of board meeting

17 Jan 2019 Evaluate

GG Engineering has informed that the board of directors at its Meeting held on 16th January, 2019 at 06.00 pm and concluded at 06.45 pm at the registered office of the company, has approved the Conversion of 4,85,000 convertible warrants into equity shares at a Price of Rs  22 each, convertible into 4,85,000 Equity Shares (One Equity Share for one warrant issued) of the Company of the face value of Rs 10 each to the promoter and Non Promoters upon receipt of full subscription amount as prescribed under Regulation 169 of SEBI ICDR Regulations, 2018.

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

Peers
Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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