Dynacons Technologies has informed that the Board of Directors of the Company at its meeting held on December 28, 2013, has approved the issuance of 1,90,00,000 Equity shares of Re. 1 each at its face value Re. 1 each to Arun Govil on a preferential basis as per the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and after obtaining shareholders approval under Section 81(1A) of the Companies Act, 1956.
The above information is a part of company’s filings submitted to BSE.
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