new delhi auto component maker subros thursday said its board has approved a proposal to issue 5247150 shares worth rs 209 crore to japans denso corporation on preferential basis post the preferential allotment densos shareholding in subros would go up to 20 per cent the companys board which met thursday has approved the preferential issue and fixed the issue price at rs 400 per share including a premium of rs 398 subros said in a regulatory filing post preferential issue the shareholding of denso in subros will increase to 20 per cent as against the present 13 per cent it added advt the company has convened an extraordinary general meeting on october 26 to seek approval of the shareholders for the preferential issue subros said pti published on sep 28 2018 at 1204 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app denso corp subros auto component maker denso automobile industry homenewsauto componentssubros board approves preferential allotment of 5247 lakh shares to denso