With reference to the earlier letter dated July 21, 2015, Salzer Electronics Ltd has now informed BSE that the Sub Committee of the Board of the Company has at its meeting held on July 24, 2015, inter alia, approved the following :
- Closure of QIP on July 24, 2015; - Allotment of 26,41,000 Equity Shares of face value of Rs.10/- at Issue Price of Rs. 235 per Equity Share including a Premium of Rs.225 per share for an aggregate amount of Rs.62.06 Crores resulting in increase in total paid up share capital from Rs. 10,87,86,370 to Rs. 13,51,96,370 and - Adopted the Placement Document dated July 24, 2015 in connection with the QIP. -- Kindly email stock reports at STOCKRESEARCHER@googlegroups.com For sharing knowledge -- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE. http://www.niftyviews.com/ Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture.The administrator of www.Niftyviews.com just provide a platform for the authors to express their opinion and take no guarantee for the genuineness of the same."ANY member of this forum doesnt prepare or publish any research report; or ii. provide research report; or iii. make 'buy/sell/hold' recommendation; or iv. give price target; --- You received this message because you are subscribed to the Google Groups "Niftyviews.com" group. To unsubscribe from this group and stop receiving emails from it, send an email to stockresearcher+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
