Jayant Agro to issue 24,00,000 warrants

Jayant Agro Organics Ltd has announced that the Board of Directors of the Company, at its Meeting held on November 30, 2006 has decided to issue and allot on preferential basis 24,00,000 warrants of Rs 65/- each convertible into one equity shares face value of Rs 5/- + premium of Rs 60/- per warrant, within 18 months from the date of allotment to select investors, subject to approval of the Shareholders, at the Extra Ordinary General Meeting.

Source : Equity Bulls

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