Indo Rama Synthetics has issued equity shares on private placement basis.

The company in its board meeting held on June 28, has given approval to issuance of 90.90 lakh equity shares, by way of preferential issue on private placement basis. The company issued 31,81,818 equity shares to EC Special Situations Fund and 59,09,091 equity shares to Edelweiss India Special Situations Fund- II.

Moreover, the register of members and share transfer books will remain closed from July 21 to July 28, 2018 (both days inclusive) for the purpose of annual general meeting (AGM),  which is to be held on July 28,2018.

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