BNK Capital to issue 12 Lakh shares, 18 Lakh warrants

BNK Capital Markets Ltd has announced that the Board of Directors of the Company at its meeting held on July 29, 2008, inter alia, has approved the following issue upto 12,00,000 Equity shares of Rs 10/- each and 18,00,000 Warrants with an option to warrant holders entitling them to subscribe to Equity Share of Rs 10/- each on a preferential basis to Promoters and others, in terms of Sebi guidelines in the subjects.

The Board appointed and authorized a Committee of Directors to deal in and to do all such acts as may be required for the purpose of issue and allotment of the equity shares and the warrants.

Source : Equity Bulls

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