Shaily Engineering Plastics Ltd has informed BSE that pursuant to the authority given by the Board of Directors at its meeting held on November 20, 2014, subsequent to the shareholders? approval on December 20, 2014, the meeting of the Board of Directors of the Company will be held on December 31, 2014, inter alia, to consider, approve allotment of 10,00,000 equity shares to Non promoter investor Mr. Ashish Kacholia on preferential allotment basis.
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