Shasun Chemicals to issue 22,50,000 warrants

Shasun Chemicals & Drugs Ltd has announced that the Board of Directors of the Company at its meeting held on October 19, 2006 has decided to issue and allott 22,50,000 warrants on preferential basis to promoters / promoter Group(s), with each warrant convertible into one equity share of the Company as per the SEBI Guidelines and subject to the approval of the Share holders.

Source : Equity Bulls

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