Wintac to issue preferential shares

Wintac Ltd has announced that the Board of Directors of the Company at its meeting held on January 18, 2007, inter alia, has decided to issue 15% redeemable cumulative preferential shares up to Rs 300 Lakhs on preferential basis to augment funds for up-gradation of the Manufacturing Facilities, subject to Shareholders approval.

Source : Equity Bulls

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