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| Exchange Disseminated Time 14/08/2015 13:34:51 | Vakrangee Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2015, inter alia, has transacted the following businesses:
1. Issued and allotted 2,50,00,000 equity shares of FV Re. 1/- each at a premium of Rs. 99/- per share upon conversion of equivalent number of Fully Convertible Warrants allotted to one of the Promoter group companies, M/s. Vakrangee Capital Private Limited.
2. Considered and approved Scheme of Amalgamation between Vakrangee Finserve Limited (a 100% subsidiary of Vakrangee Limited) and Vakrangee Limited.
3. Considered and approved VISION 2020 of Vakrangee Limited. |
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