We would like to inform you that, pursuant to the resolution passed by the shareholders of the Company in the Extra-ordinary General Meeting held on March 25, 2017, the In-Principle Approval of BSE Limited and on receipt of the 25% of the issue price (i.e. Rs. 3,00,00,000/-), the Board of Directors of the Company at their meeting held on April 6, 2017 have allotted 5,00,000 warrants of Rs. 60/- each convertible into 5,00,000 Equity Shares of Rs. 10/- each fully paid up at a premium of Rs. 50/- per share to the allottees who are Non-Promoters.Source : BSE
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