Amtek India to issue 2,69,17,810 shares on preferential basis

Amtek India Ltd has announced that the Board of Directors of the Company at its meeting held on November 04, 2006 has recommended the issue of upto 2,69,17,810 equity shares of Rs 2/- each at a premium of Rs 145/- per share aggregating to Rs 395,69,18,070/- to the promoters of the Company, FIIs and Foreign Corporate Bodies by way of preferential allotment subject to the approval of the shareholders of the Company.

Source : Equity Bulls

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