Madhya Desh Papers Board to consider allotment of warrants

Madhya Desh Papers Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 17, 2007, inter alia, to consider the following:

- Allotment of 15,00,000 Convertible Share Warrants to the allottes as under:

1. Anubhavdarshan Buildcon Pvt Ltd - 325000 No of shares to be allotted

2. Poojadarshan Buildcon Pvt Ltd - 325000 No of shares to be allotted

3. Adivaibhav Infrastructures Pvt Ltd - 325000 No of shares to be allotted

4. Jagdamba Buildcon Pvt Ltd - 325000 No of shares to be allotted

5. Rahul Mehta - 165000 No of shares to be allotted

6. Sheetal Mehta - 35000 No of shares to be allotted.

Source : Equity Bulls

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