Marg Constructions to raise funds through 97 Lakhs warrants issue

Marg Constructions Ltd has announced that the Board of Directors of the Company at its meeting held on January 25, 2008, inter alia, has resolved to raise funds for strategic alliances / acquisitions / other expansions by offer of 97 Lacs Warrants to Promoter and Promoters Group by way of Preferential Allotment and to QIP respectively under Chapter XIII & XIII A of the SEBI (DIP) Guidelines, 2000 and other approvals.

Fixed March 05, 2008 for Extra-ordinary General Meeting to obtain approval of shareholders for the above.

Source : Equity Bulls

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