Salzer Electronics Ltd has informed BSE that the Sub-Committee of the Board at its Meeting held on January 08, 2017 approved the allotment of 3,61,000 Equity Shares of Rs. 10/- each with a premium of Rs. 241.45 per share to the following allottees forming part of the Promoters Group, upon conversion of similar quantum of share warrants issued at price of Rs. 251.45 per warrant under Chapter VII (Preferential Issue) of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009.
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