SJ Corporation seeks EGM approval for issue of warrants

SJ Corporation Ltd has announced that the Board of Directors of the Company at its meeting held on January 05, 2008, has proposed to convene an Extra-ordinary General Meeting of the Company on February 04, 2008, for the approval of the Shareholders for proposed allotment of 1,65,000 Convertible Equity Share Warrants to the Promoters / Promoters Group and Non-promoter Individuals on a preferential basis at such a price to be determined in terms of SEBI (DIP) Guidelines.

Source : Equity Bulls

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