Suryaamba Spinning Mills has informed that the Board of Directors of the Company at its meeting held on March 31, 2014, has allotted 1,30,000 Equity shares at a premium of Rs. 15.15/-per share i.e. issue price of Rs. 25.15/- each to the promoters against the part conversion of 1,30,000 warrants issued on March 06, 2013 on preferential basis in compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The above information is a part of company’s filings submitted to BSE.
