|
| Exchange Disseminated Time | AI Champdany Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2012, inter alia, has decided that subject to approval of the shareholders under section 81(1A) of the Companies Act, 1956 and compliance of SEBI (ICDR) Regulation, 2009 and other rules and regulations as applicable to issue of following securities to the Promoter group entities on preferential basis at a price of Rs. 20.50 each.
(i) No. of Security: Upto 2204786
Class of Security: Equity Share of face value of Rs. 5/- each
(ii) No. of Security: Upto 2683045
Class of Security: Equity Share warrants convertible each warrant into One Equity share of Rs. 5/- each fully paid to be
converted on or after March 31, 2013 but before expiry of 18 months from the date of allotment of warrants. |
|
|