12th-May-2012 15:37
Source: BSE
Chembond Chem - Outcome of Board Meeting
Chembond Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2012, inter alia, has approved allotment of 3,00,000 (Three Lac Only) Warrants of face value Rs. 10/- to the proposed allottees, at a price of at 183.97 per warrant, with a right exercisable (in one or more tranches) by the Warrant Holders to subscribe for
one equity share of Rs. 10/- each in the Company per Warrant, which option shall be exercisable within 18 (Eighteen) months.