Nagreeka Exports to consider allotment of 4,37,000 shares on conversion of warrants

Nagreeka Exports Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 21, 2007 to consider allotment of 4,37,000 equity shares of Rs 10/- each, fully paid up following conversion of 4,37,000 equity linked warrants of Rs 62.25 each issued and allotted on January 10, 2006.

Further the Company has informed that, this is the third tranche of conversion of warrants into equity shares.

Source : Equity Bulls

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