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Exchange Disseminated Time | V2 Retail Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 20, 2014, has approved the Issue of upto 39,52,720 (Thirty Nine Lacs Fifty Two Thousand Seven Hundred Twenty only) warrants convertible into equity shares of the Company to Mr. Akash Agarwal, promoters/promoter group, through preferential issue of convertible warrants at a price to be determined in accordance with SEBl (Issue of Capital and Disclosure Requirements) Regulations, 2009, subject to approvals of the shareholders of the Company at the Extra Ordinary General Meeting to be held on March 21, 2014.
Further the extra ordinary general meeting will be held on March 21, 2014 to consider the allotment of warrants to promoter/ promoter group. |
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