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Exchange Disseminated Time | Punjab Chemicals & Crop Protection Ltd has informed BSE that the "Issue and allotment Committee-Preferential Issue II" of the Board of Directors of the Company in its meeting held on September 26, 2012 has approved the allotment of 30,00,000 Zero-Coupon Unsecured Fully Convertible Debentures of face value of Rs. 100/- each (Subscription Securities), convertible into equity share of face value Rs. 10/- each at a premium of Rs. 90/- per Subscription Security on a preferential basis to Gowal Consulting Services Private Limited, pursuant to the approval of the shareholders of the Company in their meeting held on September 12, 2012. |
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