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| Exchange Disseminated Time | Windsor Machines Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2011, to allot 1,87,50,000 (One Crore Eighty Seven Lacs Fifty Thousand) equity shares of Rs. 4/- (Rupees Four Only) each aggregating to Rs. 7,50,00,000/- (Rupees Seven Crore Fifty Lacs Only) on preferential basis to
M/s. Ghodbunder Developers Pvt. Ltd. & M/s. Castle Equipments Pvt. Ltd.
Further, the said allotment is pursuant to the direction(s) given in the Scheme of Rehabilitation Sanctioned by the Board for Industrial and Financial Reconstruction (BIFR) and Special Resolution passed at the Extra-Ordinary General Meeting held on May 12, 2011. |
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