Bright Brothers to allot equity shares to promoters at Rs.37

Bright Brothers Ltd has announced that the Board of Directors of the Company at its meeting held on August 28, 2006, has approved the Preferential Allotment of Equity Shares to the Promoters / Non Resident Individuals / other associates @ Rs 37/- Per share subject to the approval of the shareholders by way of Special Resolution at the Extra Ordinary General Meeting.

Further the Company has informed that, the Board has fixed the date of September 28, 2006 for holding Extra Ordinary General Meeting.

Source : Equity Bulls

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