Nikki Global Finance to issue 52.50 lakh shares

Nikki Global Finance Ltd has announced that the Board of Directors of the Company at its meeting held on July 15, 2009, has approved the issue of 52,50,000 (Fifty two lac fifty thousand) equity shares of the Company on preferential basis subject to approval of share holders of the Company pursuant to section 81 (1A) of the Companies Act, 1956 and of other regulatory authorities. The Extra Ordinary General Meeting of share holders of the Company for this purpose is scheduled to be held August 20, 2009.

Source : Equity Bulls

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