Corporate News     12-Apr-16
Outcome of board meeting of Moschip Semiconductor Technology
Held on 12 April 2016
Moschip Semiconductor Technology announced that the Board of Directors of the Company at its meeting held on 12 April 2016 approved the following -

Allotment of 6,77,57,000 equity shares of face value of Rs 2 each at a price of Rs 5.41 per share on preferential basis.

Resignation of C Dayakar Reddy as Director of the Company.

Appointment of Damodar Rao Gummadapu and Seetha Raman Voleti as Additional Directors of the Company.

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