Atco Corporation to consider conversion of warrants

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Atco Corporation to consider conversion of warrants

Atco Corporation has its Board of Directors meeting on March 12, 2011 to consider conversion of warrants.

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Atco Corporation Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 12, 2011, inter alia, to consider the following matters:1. To Consider the Conversion of warrants as per approved scheme.2. To Consider sale of shares of Atcomaart Services Limited (100% Subsidiary) to Atco Limited (100% Subsidiary - formerly known as geo WaterTechnologies Limited)3. To Consider sale of shares of geo Thermal water Limited (100% Subsidiary) to Varuna Drinking Water Solutions Limited (100% Subsidiary)4. To Consider transfer of Industrial Supply stores Business of the Company to its independent SubsidiarySource : BSE