Gujarat NRE Coke to issue securities

Gujarat NRE Coke Ltd has announced that a Circular Resolution has been sent on November 08, 2007 to the members of the Board of Directors of the Company, for their consideration and consent on issuance of 4,00,00,000 (Four Crore) Convertible Warrants on Private Placement / Preferential basis subject to the approval of shareholders (through a Special Resolution of the Companies Act, 1956) and subject to the rules / regulations / guidelines issued by the Securities and Exchange Board of India (SEBI).

Source : Equity Bulls

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