Shalimar Productions to issue warrants

Shalimar Productions Ltd has announced that the Board of Directors of the Company at its meeting held on September 14, 2007, has decided to call an Extra Ordinary General Meeting on October 08, 2007 for the approval of the shareholders for the Issue of 20,00,000 shares to the Promoters / Directors on Preferential basis and 200,00,000 Warrants of the Company to Promoters and Non-Promoters of the Company at the price calculated as per DIP Guidelines and also with confirmation with the Stock Exchange.

Source : Equity Bulls

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