Saturday, June 27, 2009

Dazzel Confindive To Increase Authorized Equity Share Capital - June 27, 2009

The board of Dazzel Confindive has decided to issue of 90,00,000 convertible warrants each carrying a right to subscribe to equal number of equity shares of the company on preferential basis to the promoters of the company and non-promoters. The board has decided to increase the authorized equity share capital of the company from Rs 7,00,00,000 to Rs 15,00,00,000.

The board has decided to issue 90,00,000 convertible warrants. This was decided at the board meeting held on 26 June 2009.

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