Banswara Syntex to issue 3,75,000 shares on conversion of warrants

Banswara Syntex Ltd has announced that the Board of Directors of the Company at its meeting held on April 06, 2007, has approved to issue of 3,75,000 Equity Shares due to conversion of Warrants into Equity Shares, issue on preferential basis.

Further the Company has informed that, in the aforesaid meeting, the Board of Directors of the Company has extended the last date for payment of allotment money of partly paid-up shares.

Source : Equity Bulls

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