Secunderabad Healthcare EGM approves preferential issue of warrants

Secunderabad Healthcare Ltd has announced that the members at the Extra Ordinary General Meeting of the Company held on January 17, 2008 have unanimously approved the issue, offer and allot 2,00,000 Warrants, convertible into equity shares at a later date, to the Persons other than the promoters, by way of preferential basis, at an issue price of Rs 100/- per warrant. (which is more than the price as determined in accordance with the Preferential Issue Guidelines given in Chapter 13 of SEBI (DIP) Guidelines, 2000).

Issue, offer and allot 1,75,000 Warrants, convertible into equity shares at a later date, to the promoters, by way of preferential basis, at an issue price of Rs 100/- per warrant. (which is more than the price as determined in accordance with the Preferential Issue Guidelines given in Chapter 13 of SEBI (DIP) Guidelines, 2000.)

Source : Equity Bulls

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