Goyal Associates Limited allots 44400000 shares

The Board Meeting of Goyal Associates Limited held on 30th March 2016 at 6.00 pm at the registered of the company to consider preferential allotment of equity shares. Since the company has not received in principle approval by 6 P.M the Board has adjourned the meeting by 2-hours.

At around 7 p.m on receipt of the in principle approval the Board has resumed the meeting and allotted 44,400,000 (Four Crores Forty Four Lacs) equity shares of face value of Rs 1/- each on a preferential basis to promoter / non-promoter allottees.

Source : Equity Bulls

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