Gandhinagar Hotels to allot shares against 5.25 Lakh warrants

Gandhinagar Hotels Ltd has announced that the Board of Directors of the Company at its meeting held on January 21, 2008, inter alia, has approved to allot 5,25,000 Equity Shares against Convertible Warrants issued to the Promoters / Other Persons on November 26, 2007.

The shares were allotted to Pragnaben V Joshi: 3,00,000 No of Equity Shares, Thakor J Desai: 25,000 No of Equity Shares, Manish R Patel: 25,000 No of Equity Shares, Manubhai R Pujara: 25,000 No of Equity Shares, Anil C Patel: 25,000 No of Equity Shares, Mukundbhai C Patel: 25,000 No of Equity Shares, Sunilkumar V Patel: 25,000 No of Equity Shares, Pritesh H Patel: 25,000 No of Equity Shares, Dilip Patel: 25,000 No of Equity Shares, Amit J Shah: 25,000 No of Equity Shares.

Source : Equity Bulls

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