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| Exchange Disseminated Time | | Bhartiya International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 09, 2012, inter alia, have decided that the Company shall issue 8,00,000 warrants to promoter group and 2,00,000 Warrants to non-promoters, having attached thereto the right to subscribe for equal number of Equity Shares of Rs. 10/- each at a premium of Rs. 50/- per share (calculated as on relevant date i.e. January 09, 2012 in accordance with the SEBI Guidelines for Preferential Issue), subject to the approval of shareholders in the Extra-ordinary General Meeting to be held on February 08, 2012. |
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