Sadbhav Engineering EGM to approve issue of warrants

Sadbhav Engineering Ltd has announced that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on July 06, 2007, inter alia, to offer, issue and allot upto 6,00,000 warrants to Mr. Vishnubhai M Patel (allottee / warrant holder) entitling him to subscribe in one or more tranch(es) for one equity share of the face value of Rs 10/- each for every warrant for cash at a price to be decided in accordance with the Guidelines for Preferential issues contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines 2000, as amended, subject to necessary provisions & approvals.

Source : Equity Bulls

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