Nava Bharat Ventures to convert FCCBs

Nava Bharat Ventures Ltd has announced that pursuant to the notice of conversion of FCCBs in part received from Lehman Brothers International (Europe), for conversion of FCCBs for Japanese Yen 400,000,000 into 12,47,790 Equity Shares of Rs 2/- each, a meeting of the Allotment Committee (Committee of Directors as constituted by the Board) is convened to be held on August 30, 2007.

Source : Equity Bulls

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