Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stake Sale

| More

Shalimar Wires Industries Ltd approves allotment of 51,50,000 shares

Posted On: 2018-03-13 09:10:52

The Board of Directors of Shalimar Wires Industries Ltd in their meeting held on 13th March, 2018 at Kolkata, approved the issuance and allotment of 51,50,000 equity shares of Rs. 2/- each to Asset Reconstruction Company (India) Ltd. (ARCIL) against conversion of outstanding interest of Rs. 165.50, crores subject to settlement of their outstanding dues pertaining to assignment of IDBI's debt to them and on the terms as mentioned in the sanction letter dated 26th February, 2018 issued by ARCIL and in terms of Rehabilitation Scheme sanctioned by BIFR vide its order dated 10th June, 2010.

The Board also approved borrowing from the bank for its ongoing capital projects and working capital requirement.

Shares of SHALIMAR WIRES INDUSTRIES LTD. was last trading in BSE at Rs.17.95 as compared to the previous close of Rs. 17.3. The total number of shares traded during the day was 1391 in over 19 trades.

The stock hit an intraday high of Rs. 18.1 and intraday low of 17.7. The net turnover during the day was Rs. 24943.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Ujjivan Financial Services Ltd allots 26942 shares

Ellora Paper Mills Ltd board to consider preferential issue

Firstsource Solutions Ltd allots 14,86,314 Equity shares

Larsen & Toubro Infotech Ltd allots 549375 shares

Bharat Financial Inclusion Ltd allots 62764 shares

Transport Corporation of India Ltd allots 84525 shares

ICICI Bank allots 123,044 shares

AXIS Bank allots 4700 shares

Carborundum Universal Ltd allots 22132 shares

Lime Chemicals Ltd allots 16.25 lakh shares

IndusInd Bank Limited allots 2887 shares

ICICI Bank allots 15822 shares

Centrum Capital Ltd grants 10 lakh stock options

Ashoka Buildcon Ltd allots bonus shares

DCB Bank Ltd allots 99850 shares

Edelweiss Financial Services Ltd allots 55,62,610 Equity Shares

Tech Mahindra Ltd allots 143549 shares

TCI Express Ltd allots 21900 shares

Kalyanpur Cements Limited allots 15 crore shares to Dalmia Cement Bharat Ltd

Electrosteel Castings Ltd board approves issue 4,85,26,861 equity shares

ICICI Prudential Life Insurance Company Ltd allots 10466 shares

Mahindra Holidays & Resorts India Ltd allots 60000 shares

MBL Infrastructures Ltd allots 6,33,00,000 equity shares to Promoter Group

ICICI Bank Limited allots 16,780 shares

Paramount Communications Ltd allots 1.70 crore shares

Prakash Industries Ltd allots 19,79,255 equity shares

Mitsu Chem Plast Ltd allots 1,44,000 shares

Vardhman Textiles Ltd allots 4000 shares

ICICI Bank allots 101,840 shares

Larsen & Toubro Infotech Ltd allots 352,700 equity shares

AXIS Bank allots 2750 shares

Dr. Reddy's Laboratories Ltd allots 25606 shares

IndoStar Capital Finance Limited allots 21500 shares

Cyient Limited allots 26780 shares

IndusInd Bank Limited allots 45370 shares

Tejas Networks Ltd allots 37,222 shares

NIIT Ltd allots 115,864 shares

Hindalco Industries Ltd allots 213503 shares

ICICI Bank allots 127,485 equity shares

Reliance Industries Ltd allots 1,09,816 equity shares

Electrosteel Castings Ltd board to consider preferential issue on July 12, 2018

Jyothy Laboratories Ltd allots bonus shares

3i Infotech Ltd board approves stock option scheme

Reliance Capital Ltd allots 4,220 shares

WIPRO Ltd allots 12,530 shares

AXIS Bank allots 2,850 shares

ICICI Bank allots 29,306 shares

Tasty Bite Eatables Ltd board to consider buyback of NCRPS

JTL Infra Ltd allots 12 lakh warrants

Bharat Financial Inclusion Ltd allots 5435 shares





Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018