Granules India EGM approves issue of 22,00,000 shares to IFC at Rs.118.10

Granules India Ltd has announced that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on June 02, 2007 had unanimously approved the issue of upto 22,00,000 equity shares of the Company of the face value of Rs 10/- each fully paid-up on a preferential basis to the International Finance Corporation (IFC) at a price of Rs 118.10 per share (including premium).

Source : Equity Bulls

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