Bemco Hydraulics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 19, 2014, have allotted 4,00,000 (Four Lakhs Only) Equity Shares, having face value of Rs. 10/- each at a price of Rs. 70/- (including a premium of Rs. 60/-) per share aggregating to a sum of Rs. 2,80,00,000/- (Rupees Two Crores Eighty Lakhs Only) as fully paid up shares in the share Capital of the Company to promoters & promoters group and Independent Investor, as approved by the members of the Company in the EGM held on December 10, 2014.
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