Neo Corp to consider cancellation of 20 lakh warrants on May 23, 2009

Neo Corp International Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 23, 2009, to consider and approve the cancellation of issue of 20,00,000 Equity Share Warrants due to unwillingness of warrant applicants in going for allotment owing to present market scenario and authorization for removal of lock in on pre preferential holding of warrant applicants.

Source : Equity Bulls

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