Prime Securities approves allotment of 18.7 Lakh shares

Prime Securities Ltd has announced that the Board of Directors of the Company at its meeting held on January 28, 2008, has approved the allotment of 18,70,000 Equity Shares and 2,00,000 Equity Share Warrants, carrying an entitlement to apply for equivalent number of Equity Shares, on a preferential basis, in accordance with the authority granted by the special resolution passed by the shareholders of the Company at their extraordinary general meeting held on January 25, 2008.

Source : Equity Bulls

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