Corporate Announcement
Security Code : 500337    Company : PRIMESECU    
 
Prime Securities - Outcome of EGM 
  Exchange Disseminated Time     
Prime Securities Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 25, 2008, have approved the following:

1. Increase in FII limits from the present level of 30% to 74% of the paid-up equity share capital of the Company.

2. Issue of upto 18,70,000 equity shares on a preferential basis.

3. Issue of upto 6,00,000 equity share warrants on a preferential basis.

4. Implementation of employee stock option scheme.

5. Extending the benefits of employee stock option scheme to the employees / whole-time directors of subsidiary companies.
 

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