In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Elecon Engineering Company has informed that a Management Committee of the Board of Directors of the Company (the said Committee) unanimously approved the resolution for allotment on Friday, 1st March, 2019, by way of circular resolution. The said Committee approved the allotment of 1000 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures of the face value of Rs 10,00,000 each (Tranche 1 Debentures) aggregating to Rs 100 Crores on a private placement basis on the terms and conditions as attached.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: