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Moneycontrol.com >> Message Board >> View Messages >> SEL Manufacturi
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NSE Announcements on SEL Manufacturi (1)   23-Jul-08 12:27Tracked by (0)  
Posted by:   MMB Messenger on ( 23-Jul-08 12:27 )
Price : [SEL Manufacturi - BSE:Rs. 525.15 NSE:Rs. 525.70 when posted]
Sel Manufacturing Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 23, 2008 (upon exercise of conversion option to convert Warrants into Equity Shares of the company by two of the allottees of Equity Warrants, namely Matterhorn Ventures and Master Trust Ltd., by paying 90% balance money) has passed the resolution, pursuant to approval of the Shareholders at their meeting held on 27.02.2008 that 5,50,000 Equity Shares of Rs.10/- each of the Company be allotted, on such conversion of warrants, at a price (including premium), of Rs.185.00 per share. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
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