Board of Shriram Asset Management Co approves increase in authorised share capital

Capital Market 

At meeting held on 16 November 2017

The Board of Co at its meeting held on 16 November 2017 approved the following -

Increase in Authorised Share Capital from Rs 25 crore to Rs 60 crore comprising of 90 lakh equity shares of Rs 10 each and 51 lakh preference shares of Rs 100 each.

Issue of redeemable preference shares on private placement basis.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 16 2017. 13:11 IST