IMP Powers converts CCPS

IMP Powers Ltd has announced that the Board of Directors of the Company at its meeting held on January 28, 2009, inter alia, has approved conversion of 1180000 8.75% Compulsory Convertible Preference Shares of Rs 161/- each into equity shares of Rs 10/- each at a premium of Rs 151/- per share.

Source : Equity Bulls

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