SE Investments allots NCRPS

SE Investments Ltd has announced that the Board of Directors of the Company at its meeting held on December 29, 2008, has made preferential allotment of 25,00,000 10% Non-Cumulative Redeemable Preference Shares of Rs 10/- each at a premium of Rs 90/- per share on private placement basis after complying with the provisions of Section 81 (1A)and other applicable provisions, if any, of the Companies Act, 1956.

Source : Equity Bulls

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