Syncom Formulations Board Meeting on Oct 09, 2006 to allot shares at Rs.54

Syncom Formulations India Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 09, 2006, to consider and make allotment of 2,95,000 Equity Shares of Rs 10/- each at a premium of Rs 44/- per share on preferential basis to the promoter of the Company in terms of the special resolution passed by the Members at their Annual General Meeting on September 25, 2006 under section 81(1A) of the Companies Act, 1956 for issuance of Equity Shares on preferential basis.

Source : Equity Bulls

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