Richa Industries has informed that a meeting of the Board of Directors of the company will be held on June 21, 2013 to consider and approve the Preferential Allotment of Equity Share 70,99,446 of Rs. 10 each at a price not less than Rs. 20.875 to the promoter Group and 19.875 to the Non Promoter Group on a preferential basis.
The above information is a part of company’s filings submitted to BSE.