Business Daily from THE HINDU group of publications
Tuesday, Dec 18, 2007
ePaper | Mobile/PDA Version
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Corporate - Preferential Allotments
Sujana Metal to hike capital

Hyderabad, Dec 17

Sujana Metal Products Ltd will be increasing its authorised share capital to Rs 145 crore from the current Rs 105 crore by issuing eight crore shares of Rs 5 each. A decision to this effect had been taken by the board of directors of the company at its meeting held on November 27, according to a release.

The board of directors had also approved the issue of 80.83 lakh equity shares of Rs 5 each to promoters and others besides a preferential issue of 6.05 crore convertible warrants to the promoters. The Hyderabad-based company had also appointed Deloitte Haskins & Sells Chartered Accountant as statutory auditors in place of Mr G.V. Suryanarayana Murthi, who had expressed his inability to continue. The annual general meeting of the company would be held on December 31, the release added. - Our Bureau

More Stories on : Preferential Allotments | Steel

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Diamond Cables to raise Rs 250 cr

Sujana Metal to hike capital
Steel Strips pref offer
Refex Refrigerants pref issue
Era Constructions' open offer
Repeat orders buoy ABG Shipyard
Anti-dumping duty sought on import of glazed tiles
Award for Tata Steel plant
‘50,000 clinical staff needed in next 2 years’
BHEL unit to hire from Osmania University
Videocon to hive off businesses
FX Labs acquires gaming portal
ORG completes acquisition of Belgacom’s satellite biz
SRF to invest Rs 257 cr in two greenfield projects
Hansgrohe sets up Indian arm
Mid-cap cos opt for overseas borrowing to fund foreign buys
IFFCO works out plan to revive venture in Senegal
RCom to offer services in Uganda
Studying ONGC appraisal plan for KG field will take time: DGH
Bajaj workers keep their cool with yoga
BHEL, NTPC sign jt venture agreement for EPC activity
‘We have an entrepreneurial bent in us, despite our size’
Ocimum Bio gets $17 m from Kubera Cross Border Fund
Century Extrusions rights issue
Apeejay Shipping plans fleet expansion
Tata Chemicals to hike urea, soda ash production capacity
New MD for Goodyear India

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line