Jumbo Bag to issue 32,00,000 warrants

Jumbo Bag Ltd has announced that the Board of Directors of the Company at its meeting held on March 21, 2007, has approved increase in the issue size of Equity Share Warrants under SEBI (DIP) Guidelines from 30,00,000 Equity Share Warrants (approved by the Board of Directors in its meeting held on January 22, 2007) to 32,00,000 Equity Share Warrants subject to required approvals and approval of Shareholders and Securities and Exchange Board of India.

Source : Equity Bulls

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