Board revises share-swap preferential issue, one allottee removed

Board revised share-swap preferential issue to 5.51 crore shares at Rs 14 each, totalling Rs 77.25 crore, down from 5.64 crore shares. One allottee removed for ineligibility. Issue funds acquisition of 98.71% of Blisstering Electronics and 90.17% of Bliss Cab Electronics via share swap. Four acquirers will trigger open offer; promoter holding may jump from 1.95% to about 50%.