Kemrock Industries to consider and approve issue of warrants

Kemrock Industries & Exports Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 31, 2007, inter alia, to consider and approve the conversion of 4,25,000 Warrants (comprised in Part-A of the Warrants) into Equity Share and allotment thereof. The said Warrants were issued to Shri. Vinod Patel, a resident of Fiji, on a preferential basis on February 22, 2007 pursuant to an approval of the Shareholders of the Company at their meeting held on August 26, 2006.

Source : Equity Bulls

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