Vardhman Polytex approves issue of 18 lakh convertible warrants

Vardhman Polytex has approved issue of 18 lakh convertible warrants on preferential basis.

January 17, 2011 / 17:00 IST

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Vardhman Polytex Limited has informed the Exchange that the Board of Directors in its meeting held on January 15, 2011 has approved the issue of 18,00,000 (Eighteen Lac only) Convertible Warrants to a Financial Investors (belonging to the Non Promoters Group) on preferential basis pursuant to SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 which is subject to the consent of Shareholders.

Source : BSE

first published: Jan 17, 2011 05:00 pm

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