|
| Exchange Disseminated Time | Visagar Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 26, 2011, have accorded their approval for the following:
1. Allotment of 2,23,200 Equity Shares after conversion of 2,23,200 Optionally Fully Convertible Warrants (OFCW's) of Rs. 1/- to Promoter and Other Investors on Preferential basis, which are also entitled to Bonus Issue in ratio of 1:1 upon conversion of such OFCW'S into Equity Shares.
2. Appointment of Mr. Shivesh Anugrah Singh and Ms. Pooja Bhardwaj as additional Independent Directors of the Company.
3. Resignation letter tendered by Mr. Jetmal Rathi and Mr. Vishal Kumar Jain Directors of the Company.
- Embroidery Unit at Surat
4. The Board has noted that the Embroidery project is under implantation. |
|
|