Wednesday, July 8, 2009

Sujana Metal Products To Raise Funds Of Equity Share - July 08, 2009

The board of Sujana Metal Products has approved raising of equity share capital by way of issuing further equity shares/warrants of the company to the promoters and others under preferential allotment . The board has approved the resolution to issue further equity shares of the company by way of GDRs.

Further, the board has approved the resolution to issue further equity shares and convertible warrants of the company to promoters and others aggregating to Rs 31.00 crore by way of preferential allotment.

This was approved at the board meeting held on 07 July 2009.

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