Moneycontrol PRO

Opto Circuits approves issue 20 Lk convertible warrants

Opto Circuits has approved to issue 20,00,000 convertible warrants to Mr. Vinod Ramnani at Rs. 145/- per convertible warrant or as per the pricing formula as stipulated in SEBI's (ICDR) Regulations 2009, which ever is higher.

December 20, 2012 / 02:04 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Opto Circuits (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 20, 2012, has approved the following subject to satisfactory receipt of all statutory, regulatory, corporate and other approvals including shareholders through Postal Ballot, as may be required.1. To issue 20,00,000 convertible warrants to Mr. Vinod Ramnani at Rs. 145/- per convertible warrant or as per the pricing formula as stipulated in SEBI's (ICDR) Regulations 2009, which ever is higher.Source : BSE

Read all announcements in Opto Circuits

first published: Dec 20, 2012 02:04 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark