Asian Petroproducts & Exports has informed that it has received In-Principle approval of the stockexchnge for the proposed preferential allotment of equity shares on 26th March, 2021 and accordingly the Board of Directors in their meeting held today have approved the allotment of 9,80,000 number of Equity Shares at a price of 10 each aggregating to Rs 98 Lakhs against conversion of unsecured loans already brought in by the allottees.
The above information is a part of company’s filings submitted to BSE.
