Superhouse Ltd has announced that the Shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on August 29, 2008, have approved the issue of 19,64,249 warrants @ Rs 27/- on preferential basis to the promoters / promoters group, by special resolution.
The warrants to be so issued shall have right to subscribe the equal number of equity shares of nominal value of Rs 10/- each at a premium of Rs 17/- per share.