Friday, February 22, 2008

Gitanjali Gems - Allotment Of Warrants

Gitanjali Gems Ltd has informed that the Company has made an allotment of 10 million convertible warrants to Promoter and Promoter Group on preferential basis.

Further the Company has informed that, the 10 million Fully Convertible Warrants of Rs 10/- each have been issued @ Rs 312/- per warrant out of which Rs 31.20/- per warrant being 10% of the issue price of the warrants have been received from all the allottees in accordance with the Preferential Issue Guidelines issued by SEBI.

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