Elegant Floriculture allots 1 Crore warrants

Elegant Floriculture & Agrotech India Ltd has announced that the Board of Directors of the Company at its meeting held on June 21, 2008, inter alia, have allotted 1,00,00,000 (One Crore) Warrants of Rs 10/- each on preferential basis to Promoters and others with each warrant convertible, at the sole option of the warrant holder, into one equity share of Rs 10/- each at par.

Source : Equity Bulls

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