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| Exchange Disseminated Time | | Visagar Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 16, 2011, inter alia, have accorded their approval for issue and allotment of 2,23,200 Optionally Fully Convertible Warrants (OFCW's) having face value of Re. l/- each at a price of Rs. 224/- which includes a premium of Rs. 223/- per share to the Promoter and Other Investors on Preferential basis, which will be further entitled to the Bonus Shares in the proportion of 1:1 upon conversion. |
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