|
| Exchange Disseminated Time | Bhartiya International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 06, 2014, inter alia, has decided as follows:
1. The Board of Directors of the Company has allotted 90,000 Equity Shares to the warrants holders belonging to non-promoter group on exercise of right attached thereto, on payment of balance amount.
2. Preferential Allotment of 5,00,000 Warrants to Promoters having attached there to the right to converted into equal number of Equity Shares of Rs. 10/- each at a premium of Rs. 230/- per Equity Share (calculated as on Relevant date i.e. May 06, 2014 in accordance with the SEBl Guidelines for preferential Issue)
Subject to the approval of Shareholders in the Extra-Ordinary General Meeting to be held on June 05, 2014. |
|
|