Steelco Gujarat has informed that the Board of Directors of the Company at its meeting held on February 21, 2014 approved the allotment of 7% 34,86,200 Cumulative Non-Convertible Redeemable Preference Shares of Rs 10 each to the Promoter on private placement basis in implementation of CDR approved Scheme.
The above information is a part of company’s filings submitted to BSE.
