Trigyn Technologies Ltd has announced that pursuant to Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, the Company on June 16, 2006 had issued and allotted 60,00,000 warrants to United Telecoms Ltd, the Promoters, eligible for conversion in to the equal number of equity shares any time but within 18 months from the date of allotment. Accordingly, the said period has been expired on December 15, 2007.