Parsoli Corporation seeks EGM approval for issue of FCDs on preferential basis

Parsoli Corporation Ltd has announced that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 03, 2007, have unanimously approved the issue of fully convertible debentures on preferential basis of an amount not exceeding Rs 30 crores.

Further the Company has informed that, the conversion price of convertible debenture would be Rs 32.10 per share.

Source : Equity Bulls

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