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Tuesday, May 13, 2008

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Fortune Financial                                                                             Close
Fortune Financial - Outcome of Board Meeting
Fortune Financial Services India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2008, inter alia, has transacted the following business:1. To issue 11,00,000 Equity Shares of Rs 10/- each on Preferential basis under Section81(1A) of the Companies Act, 1956 to the Strategic Investor(s).2. To issue 4,00,000 Equity Warrants to the Promoters & Promoter Group.3. To Alter the Articles of Association by inserting a new Article 51(A) after the existing Article no. 51.

BSE data sourced at 5 minutes delay, Service : BSE   -   www.bseindia.com





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