Priyadarshini Spinning EGM approves issue of warrants

Priyadarshini Spinning Mills Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on July 31, 2007, inter alia, has considered and approved for issue and allotment of 10,00,000 warrants, each convertible into one equity share of Rs 10/- each at premium of Rs 15/- per share aggregating to Rs 2,50,00,000/- to the promoters / promoter group on preferential basis.

Source : Equity Bulls

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