Gujarat Containers Ltd to consider allotment of shares, warrants

A meeting of the Issue Committee of the Board of Directors of Gujarat Containers Ltd is fixed to be held on March 18, 2014, to consider the matter of allotment of the Equity Shares against an option attached to the warrants to convert each warrant into fully paid up Equity Share, exercised by them with respect to 4,00,000 Warrants out of 8,00,000 Warrants allotted to them on February 25, 2013 on preferential basis in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and amendments thereto.

Source : Equity Bulls

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