Noida Medicare Board Meeting on Oct 14, 2008 to consider allotment of warrants

Noida Medicare Centre Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 14, 2008, to issue and allot 50 lakhs warrants by way of preferential allotment to promoters and other independent private investors and also issuance and allotment of 12 lakhs fully paid equity shares on preferential basis to Stressed Assets Stabilization Fund (SASF) & IFCI Ltd. respectively as per their terms and conditions for settling the outstanding dues of the Company as per the provisions of chapter XIII A of SEBI (DIP) guidelines 2000.

Source : Equity Bulls

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