Adarsh Plant Protect Ltd AGM approves issue of warrants

Adarsh Plant Protect Ltd has announced that the members at the 14th Annual General Meeting (AGM) of the Company held on September 16, 2006, along with approval of Annual Accounts inter alia, have aapproved the Offer, Issue and allot on private placement and/or preferential basis, Warrants not exceeding 14,75,000, each warrant carrying options / entitlement to subscribe to one number of Equity Shares of Rs 10/- each, against each option on a future date or to subscribe not exceeding 14,75,000 Equity Shares of Rs 10/- each in aggregate) to Non-resident Individual (Non-repatriable basis).

Source : Equity Bulls

Keywords