Ankur Drugs to seek EGM approval for issue of warrants

Ankur Drugs & Pharma Ltd has announced that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 10, 2007, to create, issue / offer and allot 26,25,400 Share Warrants of Rs 10/- each for cash at premium of Rs 165/- per Warrant aggregating to Rupees 45,94,45,000/- on preferential basis to the extent and in one or more tranches and in the manner as may be decided by the Board in this behalf, to the promoters, investors and business associates, subject to necessary provisions & approvals.

Source : Equity Bulls

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