{"id":366831,"date":"2020-08-10T10:15:12","date_gmt":"2020-08-10T04:45:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366831"},"modified":"2020-08-10T10:34:38","modified_gmt":"2020-08-10T05:04:38","slug":"cg-power-approves-securities-subscription-agreement-with-tube-invt-stk-up","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-approves-securities-subscription-agreement-with-tube-invt-stk-up\/","title":{"rendered":"CG Power approves securities subscription agreement with Tube Invt; stk up"},"content":{"rendered":"<p>Shares of CG Power and Industrial Solutions hit a 5 per cent upper circuit limit of Rs 10.99 apiece on the BSE on Friday after the company informed that its board has approved the execution of a securities subscription agreement (SSA) with Tube Investments of India for the issuance and allotment of securities to it on a preferential basis. <\/p>\n<p>&#8220;We hereby inform you that the Board of Directors (the &#8220;Board&#8221;) of the Company at their meeting held today have inter-alia considered and approved the execution of a securities subscription agreement with Tube Investments of India Limited (&#8220;Prospective Investor&#8221;) dated 7 August 2020 (&#8220;SSA&#8221;) for the issuance and allotment of following securities to the Prospective Investor on a preferential basis (&#8220;Preferential Allotment&#8221;), &#8221; CG Power said in an exchange filing on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of CG Power and Industrial Solutions hit a 5 per cent upper circuit limit of Rs 10.99 apiece on the BSE on Friday after the company informed that its board has approved the execution of a securities subscription agreement (SSA) with Tube Investments of India for the issuance and allotment of securities to it on a preferential basis. &#8220;We hereby inform you that the Board of Directors (the &#8220;Board&#8221;) of the Company at their meeting held today have inter-alia considered and approved the execution of a securities subscription agreement with Tube Investments of India Limited (&#8220;Prospective Investor&#8221;) dated 7 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-366831","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=366831"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366831\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}