Tuesday, June 3, 2008

Aurionpro Solutions To Issue & Allot Equity Shares & Warrants - June 3, 2008

The members of Aurionpro Solutions have accrded the board to create, offer, issue and allot 103714 equity shares to Robert Levine, 160286 equity shares to Maneesh Bhadari and 11000 equity shares to Wizarth Advisors as part consideration for acquisition of Sena Systems Inc, USA .
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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