For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Starlit Power System - Outcome of Board Meeting

By Religare
|

With reference to the earlier announcement on June 30, 2015, intimating that the shareholders had approved by passing a Special Resolution the issue of 19,36,000 Equity Shares of Rs.10/- each on preferential basis to Guandong Dynavolt Power Technologies Co. Ltd for cash at a price of Rs. 26.47/- each at the Extra Ordinary General Meeting of the Company held on June 30, 2015., Starlit Power Systems Ltd has now informed BSE that:

The Board of Directors of the Company at its meeting held on September 21, 2015 has allotted 19,36,000 Equity Shares of Rs.10/- on preferential basis to Guandong Dynavolt Power Technologies Co. Ltd for cash at a price of Rs.26.47/- in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and Section 62(1)(c) and other applicable provisions of the Companies Act, 2013.

Story first published: Tuesday, September 22, 2015, 23:00 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more