Shyam Star Board to consider conversion of warrants

Shyam Star Gems Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 14, 2007, to consider and finalize the conversion option of 1700000 Warrants convertible into One Equity Shares of Rs 10/- each at a premium of Rs 10/- per share to individuals on Preferential basis, after realization of full payment from said individuals.

Source : Equity Bulls

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