Binayak Tex to issue shares on preferential basis

Binayak Tex Processors Ltd has announced that the Board of Directors of the Company at its meeting held on November 28, 2006 has exercised the powers conferred by the members in the Extra-Ordinary General Meeting held on November 28, 2006, offered, issued and allotted on preferential allotment basis up to 1,80,000 Equity shares of the face value of Rs 10/- at the price of Rs 150/- per equity share to the proposed allottees subject to all necessary approvals.

Source : Equity Bulls

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