Outcome of Board Meeting
Sundaram Multi Pap Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2016, has approved the issue and allotment of 30000000 equity shares of face value of Rs. 1/- each to the Qualified Institutional Buyers at the issue price of Rs. 4.10/- per equity shares including premium of Rs. 3.10 per equity shares aggregating to Rs. 12.30 Crore.28-11-2016