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Floatglass allots shares to Asahi Glass

FloatGlass India has alloted 10% preferential shares of Rs 100 each to Japanese firm Asahi Glass, with total allotment aggregating Rs 225 million (US$ 4.8 million).
The decision to allot 10% cumulati…

FloatGlass India has alloted 10% preferential shares of Rs 100 each to Japanese firm Asahi Glass, with total allotment aggregating Rs 225 million (US$ 4.8 million). The decision to allot 10% cumulative redeemable preference shares 2011 of Rs 100 each was taken by the company“s board, according to a notice to the Stock Exchange.

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