The board of Steelco Gujarat has decided to issue and allot 12.5% optionally convertible cumulative redeemable preference shares of Rs 10 each to Splpa Investments, promoter of the company on preferential allotment basis instead of issuing 12.5% non-convertible cumulative redeemable preference shares of Rs 10 each as intimated earlier.
The circular resolution was passed by the board of directors on 28 July 2008.
The circular resolution was passed by the board of directors on 28 July 2008.
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