S.P. Capital Financing Ltd approves selling of shares in Pride And Expert Properties Private Limited

The Board of Directors of S.P. Capital Financing Ltd has approved selling of 1,25,000 equity shares of Rs.10 each of Company M/s. Pride And Expert Properties Private Limited in their Buyback of shares under sub rule (5)of Rule (17) of the Companies (Share capital and Debentures) Rules, 2014, as per the notification issued by the Ministry of Corporate Affairs dated 29.03.2016 read with amendments and reenactments for time being in force. And the Company has received payment of Rs.5,94,92,500/- (Rupees five Crore Ninety-four Lacs Ninety-two thousand five hundred only) for the surrender of shares.

Source : Equity Bulls

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