Monday, July 27, 2009

Zyden Gentec Board Approves To Convert Warrants Into Equity Share - July 27, 2009

The board of Zyden Gentec has accorded its approval for the conversion of 3,00,000 warrants into equity shares of Rs 10 each (exercise price of Rs 31 per equity share) on being fully paid up to Deepak Real Estate Developers (1,00,000) and Struzzo Capital Services (2,00,000).

The board also discussed the working and performance of the company.

This was decided at the board meeting held on 25 July 2009.

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