
The members have accorded the board to issue and allot 13,35,000 equity shares & 19,35,000 convertible warrants to promoters, promoter group & other strategic stockholders on cash basis.
Further, the members have decided to increase the authorised share capital of the company from Rs 14,00,00,000 to Rs 18,00,00,000.
This was decided at the extraordinary general meeting held on 24 May 2008
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