Anup Malleable Ltd allots 4166667 shares

The Board of Directors of Anup Malleable Ltd at its meeting held on March 25, 2015, has considered and approved the allotment of 41,66,667 equity shares of face value of Rs. 10/- (Rupees Ten Only) each at a price of Rs. 30/- (Rupees Thirty Only) per equity share, including a premium of Rs. 20/- per share, aggregating to Rs. 12,50,00,010/- (Rupees Twelve Crores Fifty Lacs Ten only) on preferential basis to Promoters/ Promoter Group and Public Investors not forming part of the promoter group of the Company, in compliance with Chapter VII of the SEBI (ICDR) Regulations, 2009, and subsequent amendments thereto and subject to In-Principle Approval of the Stock Exchange in compliance of the Listing Agreement and also approval of the shareholders in compliance of section 42 and 62 of the Companies Act 2013.

The Board approved the Notice to convene the Extraordinary General Meeting to be held on May 25, 2015 of the Shareholders of the Company to consider and approve the aforesaid matters in pursuant to section 42 and 62 and other relevant provisions of the Companies Act, 2013 & other rules & regulations of SEBI and other appropriate authorities.

The Board also approved the appointment of M/s. Kishorpuria Lakhotia & Co., Practicing Chartered Accountant as Scrutinizer for conducting the e-voting process.

Source : Equity Bulls

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