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| Exchange Disseminated Time | | Punjab Chemicals & Crop Protection Ltd has informed BSE that the meeting of the "Issue and allotment Committee-Preferential of the Board of Directors of the Company is scheduled to be held on September 12, 2012, to consider and approve allotment of 20,00,000 Equity shares to Hem-Sil Trading & Manufacturing Pvt. Limited, one of the Promoters of the Company (under Shalil Shroff group) at a price of Rs. 100/- per equity share (Face value Rs.10/-and premium Rs. 90/- per share), pursuant to a scheme of Corporate Debt Restructuring (CDR) under the CDR framework of Reserve Bank of India and in accordance with the Special Resolution passed by the shareholders of the Company by requisite majority by means of Postal Ballot. |
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