Aryaman Financial to consider issue of 2842000 warrants

Aryaman Financial Services Ltd has announced that the Board of Directors of the Company at its meeting held on May 09, 2009, inter alia, has decided to increase the authorized capital of the Company from Rs 9.00 Crore to Rs 11.00 Crore.

The Board decided to issue up to 28,42,000 Equity Share or Convertible Equity Share Warrants on a preferential basis at a price to be determined in accordance with the guidelines for preferential issue contained in chapter XIII of the SEBI (DIP) Guidelines, 2000, to the promoters and other interested parties.

To pass the above resolution, the Board of Directors has consider to call for EGM for which a separate notice will be sent shortly to all the shareholders of the Company.

Source : Equity Bulls

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