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Westlife Development Ltd Announces Issue Of Equity Shares

Tuesday, 23 Jul 2013 05:16am EDT 

Westlife Development Ltd announced that the Board of Directors at its meeting held on July 23, 2013, has decided to issue 5,404,593 equity shares of INR2 each of the Company on preferential basis to Arisaig India Fund Ltd at an aggregate issue price of about INR1.80 billion under the regulations for preferential issues contained in Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure) Regulations, 2009. 

Company Quote

18.4 +6.56%
5:56am EDT