Corporate Announcement
Security Code : 514175    Company : VARDMNPOLY    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Vardhman Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 02, 2010, has made the allotment 6,60,000 (six lac sixty thousand only) Convertible Warrants to a Financial Investor (belonging to the Promoter Group) on preferential basis pursuant to SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.

Further the Company has informed that in the same meeting, the Board of Directors has re—appointed Mr. Ashok Oswal as Chairman & Managing Director and Mr. Adsih Oswal as Director (Group Corporate Affairs & Business Development) w.e.f. August 01, 2010.
 

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