SRG Securities Finance Ltd approves allotment of 15 lakh shares

The Board of Directors of SRG Securities Finance Ltd in their meeting held on Tuesday, 27th February, 2018 which commenced at 05:00 PM and concluded at 06:00 PM at the registered office 322 S.M Lodha Complex, Near Shastri Circle, Udaipur Rajasthan-313001, considered and approved the allotment of 15,00,000 equity shares of face value of Rs.10 each at an issue price of 25/- each (including premium of Rs. 15/- per share) aggregating to Rs. 3,75,00,000 (Rupees Three Crores Seventy Five lacs) on preferential basis to promoters and non- promoters pursuant to approval of members of the Company obtained through postal ballot on February 20, 2018 and In-Principle approval letter received from BSE Limited dated February 19, 2018.

Source : Equity Bulls

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