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POWERMECH — Power Mech Projects News Story

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Brief: Power Mech Projects Approves Issue Of Shares Worth 3.5 Bln Rupees

Oct 23 (Reuters) - Power Mech Projects Ltd  POMP.NS :
    * APPROVED ISSUE OF SHARES TO 17 QUALIFIED INSTITUTIONAL
BUYERS
    * ISSUE OF SHARES AT 3,881.17 RUPEES PER SHARE
    * APPROVES ISSUE OF SHARES WORTH 3.5 BILLION RUPEES

Source text for Eikon:  ID:nBSE2Nh1LD 
Further company coverage:  POMP.NS 

 ((Reuters.Briefs@thomsonreuters.com;;))

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