Span Diagnostics allots 149900 Shares

Span Diagnostics Ltd has announced that the Board of Directors of the Company at its meeting held on December 24, 2007, has allotted 1,49,900 equity shares of Rs 10 each, fully paid up, against 1,49,900 convertible Share Warrants issued on a preferential basis to the promoters of the Company. With this allotment, the share capital of the Company has increased from Rs 3,00,01,000 to Rs 3,15,00,000.

The issue of 1,49,900 Convertible Share Warrants was approved by the shareholders in its meeting held on June 08, 2007 in accordance with the provisions of SEBI (Disclosure & Investors’ Protection) Guidelines, 2000.

Source : Equity Bulls

Keywords