Aurionpro Solutions EGM approves allotment of warrants

Aurionpro Solutions Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 07, 2007, inter alia, have accorded to the Board to issue, offer and allot in one or more tranche or tranches 10,55,000 Equity shares and 9,05,000 Warrants convertible into Equity shares, fully paid up (face value Rs 10/- each) in the Company at a price not less than Rs 252/- per share at a premium of Rs 242/- (being the price with respect to the Relevant Date i.e. February 04, 2007, as prescribed under the Guidelines for Preferential Issues contained in Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 by way of private placement on preferential allotment basis to promoters, Directors, Key Managerial persons including strategic investors, subject to any other necessary approvals, if any.

Source : Equity Bulls

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