Outcome of board meeting of Bhagiradha Chemicals & Industries

Capital Market 

Held on 22 September 2017

The Board of Directors of Bhagiradha Chemicals & Industries have approved the following subject to approval of members at the EGM -

Further issue of 27.40 lakh equity shares of Rs 10 each and 5.16 lakh convertible warrants of Rs 10 each at a price of Rs 181 (including premium of Rs 171) on a preferential basis.

EGM is scheduled to be held on 16 October 2017 for seeking approval on the proposal of further issue on preferential basis.

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First Published: Fri, September 22 2017. 12:52 IST