Hindustan Construction Company Ltd has informed that pursuant to Special Resolution passed by the Members of the Company on December 10, 2007 through Postal Ballot, in principle approval received from the Stock Exchange and in accordance with the Chapter XIII of the Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines 2000, the Committee of the Board of Directors of the Company at its meeting held on December 20, 2007 has allotted 75,00,000 warrants to the promoter(s) / promoter group of the Company on preferential basis, entitling the warrant holders to apply for a equivalent number of fully paid equity shares of Re 1/- each of the Company at a price of Rs 202.50 per share at any time during 18 months from the date of issue.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment