Breaking News

You are here » Indian-Commodity  :  Board Meeting  :  Eastern Sugar & Industries To Allot Equity Shares


Eastern Sugar & Industries To Allot Equity Shares

The board of Eastern Sugar & Industries at its meeting held on 11 November 2011 has decided to issue and allot 1,00,00,000 equity shares of Rs. 10 each, on preferential basis, to the holders of preference shares of the company, at such price as may be determined in accordance with the provisions of the said Regulations, the consideration for which shall be payable by way of conversion of each preference share of Rs. 100 each into 10 equity share of Rs. 10 each, to the extent of aggregate amount of Rs. 10 crores and balance by way of payment in cash.

The board also considered and approved the unaudited financial results of the company for the quarter ended 30th September 2011.

Related News

View all news

Gujarat Gas Company Appoints Additional Director & MD

Gujarat Gas Company has announced that Sugata Sircar has been appointed as additional director and a......

Indian Infotech & Software To Hold Board Meeting

The board meeting of Indian Infotech & Software will be held on 31 May 2012 to take on record th......

Rasoya Proteins To Hold Board Meeting

The board meeting of Rasoya Proteins will be held on 30 May 2012 to approve the audited quarterly fi......

Top News

View all news

RPP Infra Projects bags orders worth Rs 62.90 crore from BHEL

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit......

Glenmark gets tentative ANDA approval for Abiraterone Acetate Tablets

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg, a generic......

HDFC Standard Life Insurance reports 18% rise in Q3 net profit

HDFC Standard Life Insurance has reported results for third quarter ended December 31, 2018. The company has reported a rise of 18.48% in its net profit at Rs 245.63 crore for the quarter under review......