Action Financial Services India Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2009, has decided to allot 60,000 equity shares of Rs 10/- each at a premium of Rs 9.25 per share, pursuant to the conversion of 60000 convertible warrants issued to the promoters which are eligible for conversion before March 31, 2009 in terms of resolution passed in the annual general meeting held on September 29, 2007.
Further the Company has received request for conversion of balance warrants into equity shares from the promoters and same has been accepted and will be converted after receipt of balance amount for warrants from promoters.
Further the Company has received request for conversion of balance warrants into equity shares from the promoters and same has been accepted and will be converted after receipt of balance amount for warrants from promoters.
No comments:
Post a Comment