Financial Daily from THE HINDU group of publications
Wednesday, Mar 09, 2005
Financial Daily from THE HINDU group of publications Wednesday, Mar 09, 2005 |
|
|
|
|
|
Markets
-
Preferential Allotments SRF to issue warrants to raise Rs 3 cr Our Bureau
New Delhi , March 8 SRF Ltd will issue 33.75 lakh warrants to raise its paid-up capital to Rs 67.9 crore from the present Rs 64.5 crore. The warrants would carry the right to subscribe to an equal number of equity shares at Rs 85 per share, including a premium of Rs 75, within a period of 12-18 months from the date of allotment, the company informed the BSE on Tuesday. After the exercise of right attached to warrants, the paid-up equity capital would rise to Rs 67.9 crore, it said, adding the decision is subject to certain approvals and consents. The company would hold an EGM on April 7 to seek shareholder approval for the proposal, it added.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, 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
|