|
| Exchange Disseminated Time | | Goldstone Teleservices Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 24, 2007, have authorised the Board to offer / issue and allot not more than 1,50,00,000 warrants, at the issue price to be determined in accordance with the relevant SEBI guidelines, convertible, at the option of the warrant holders within an aggregate time period of 18 months from the date of allotment of the warrants into 1,50,00,000 equity shares at a price of Rs 22/- to M/s. Goldstone Exports Ltd, on a preferential basis, as the Board may in its discretion decide, in one or more tranches and on such terms and conditions, as the Board considers fit, subject to necessary provisions and approvals. |
|
|