Priyadarshini Spinning to allot 10,00,000 warrants

Priyadarshini Spinning Mills Ltd has announced that the Board of Directors of the Company at its meeting held on July 05, 2007, has considered and approved, subject to the approval of members and other statutory authorities, to issue and allot 10,00,000 warrants convertible into equity shares of Rs 10/- each at premium of Rs 15/- each to the promoters / promoter group on a preferential basis.

Source : Equity Bulls

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