News Announcement

Aeroflex Enterprises: Allotment of Equity Shares

Sat Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2015,
has allotted 4000000 Equity Shares of Rs. 2/- each at a premium of Rs. 0.10/- each per share upon the conversion of 4000000 Warrants to M/s. Sat Invest Private Limited.

Consequent to the allotment of above Equity Shares the Paid-up share capital of the Company will increase to Rs. 10,00,00,000/- from the existing paid-up share capital of Rs. 9,20,00,000/-.

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