Outcome of Board Meeting

Choksi Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 19, 2012, has transacted the following:

1. Board has allotted 5,00,000 Equity Shares out of conversion of 5,00,000 Convertible Warrants issued on preferential basis pursuant to special resolution passed in the Annual General Meeting held on September 06, 2010.

2. Board has cancelled 3,00,000 Convertible Warrants issued on preferential basis pursuant to special resolution passed in the Annual General Meeting held on September 06, 2010, due to non-receipt of balance amount within stipulated time period as per terms of issue.

Source : BSE - >www.bseindia.com

Published on March 19, 2012
TOPICS

Related

This article is closed for comments.
Please Email the Editor