EPIC Energy approves allotment of 29,00,000 shares on preferential basis

EPIC Energy Ltd has announced that the Board of Directors of the Company at its meeting held on March 31, 2007 has approved the allotment of 29,00,000 equity shares of the face value of Rs 10/- each, against the exercise of warrants issued on preferential basis. Pursuant to the said allotments, the paid up capital of the Company stands at Rs 6,71,15,000 consisting of 67,11,500 shares of Rs 10/- each.

Source : Equity Bulls

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