Rishiroop Ltd allots 1080 shares

The Securities Issue Committee of the Board of Directors of Rishiroop Ltd has in the meeting held on December 14, 2016 approved allotment of 1080 equity shares of Rs. 10/- each of the Company to holders of Optionally Convertible Preference Shares (OCPS) who exercised their option to convert their OCPS holding to equity shares as per the terms of the Scheme of Amalgamation ('Scheme') sanctioned by the Hon'ble High Court of Judicature at Bombay vide its order dated May 08, 2015, and Hon'ble High Court of Gujarat at Ahmedabad vide its order dated June 23, 2015.

Source : Equity Bulls

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