Cerebra Integrated Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2011, inter alia, has transacted the following business:
1. Issue of 3443750 of Equity Shares of Rs. 10/- each at a price arrived at, as per ICDR regulations on preferential basis to strategic investors.
2. To Increase the Authorised Capital from 450000000 to 500000000.
The above will be subject to requisite approvals.
Sensex
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Wednesday, April 27, 2011
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