Champagne Indage allots Equity Shares Warrants

Champagne Indage Ltd has announced that pursuant to the Special Resolution passed by the Shareholders at the 21st Annual General Meeting held on September 18, 2006, the Company has allotted on October 02, 2006, on preferential basis, 31,25,000 Equity Share Warrants carrying an entitlement to apply for equivalent number of Equity Shares of Rs 10/- each, on or after January 01, 2007 but before the expiry of 18 months from the date of allotment of the Equity Share Warrants, at a price of Rs 335/- per equity share to be allotted on conversion to the specified investors as mentioned in the Notice convening the 21st Annual General Meeting.

Source : Equity Bulls

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