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Chennai, Dec. 23 Sterling Holiday Resorts India Ltd on Tuesday informed the stock exchange that the board of directors has decided to convene an extra-ordinary general meeting on January 21.

According to the notification, the board has also approved, subject to the approval of the members at the proposed EGM, to issue 58,83,276 equity shares on preferential basis, by private placement, to issue 30,00,000 warrants on preferential basis, by private placement, and also to alter its articles of association.

More Stories on : Preferential Allotments | Resorts & Amusement Parks

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