Cerebra Integrated Technologies Ltd has informed BSE that the Board of Directors of the Company met on November 23, 2016 and inter alia transacted the following business:
- Board proceeded to allot 12078760 Equity Shares of Rs. 10/- each at a premium of Rs. 0.50 each to Strategic Investors Upon exercise of option by the FCCB holders.
Meeting of the Board of Directors of the Company commenced at 4.30 PM and concluded at 5.00 PM.
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