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| Exchange Disseminated Time | Cubex Tubings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 10, 2011, inter alia, has approved the following:
1. Approved the allotment of 1,25,91,600 Warrants (to be converted into equal number of equity shares within a period of 18 months from the date of allotment) of Rs. 10/- each (including a premium of Rs. 5/- per warrant) allotted to the persons belonging to promoters & promoter group and person belonging to other than Promoters.
2. Approved the assign / transfer /sale the Building of the Company at Plot No. A-12A, Mettupalayam Industrial Estate, Pondicherry and all the structures standing thereon and/or any part or portion thereof along with Leasehold Land, to SWARNIM METALS PRIVATE LIMITED. |
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