Elpro International to issue 3,11,28,820 equity shares

Capital Market 

Under issue

announced that the Issue Committee of the company at its meeting held on 22 January 2018 has approved the issue of 3,11,28,820 equity shares of Re 1 each at a price of Rs 32.10 per equity share aggregating to Rs 99.92 crore.

The entitlement ratio is 9 equity shares for every 40 equity shares held by shareholders.

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First Published: Tue, January 23 2018. 12:09 IST