Winsome Breweries to reissue forfeited shares

Winsome Breweries Ltd has announced that the Board of Directors of the Company at its meeting held on February 14, 2008, has decided to re-issue upto 1038400 equity shares of Rs 10 each earlier forfeited due to non-payment of call money at a price of Rs 10 per share to non-promoter investors on preferential allotment basis subject to approval of shareholders in the ensuing EOGM and subject to such other statutory approval.

Source : Equity Bulls

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