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GHCL Conversion of Preferential Warrant into Equity Shares



Posted On : 2006-12-15 22:02:49( TIMEZONE : IST )

GHCL Conversion of Preferential Warrant into Equity Shares

GHCL Ltd has announced that the Company has received request from Hexabond Ltd for conversion of 20,00,000 preferential warrants into equity shares and pursuant to applicable provisions of SEBI (DIP) Guidelines 2000 Company has received total consideration due on account of 20,00,000 preferential convertible warrants into equity shares from Hexabond Ltd.

The Company is in the process of allotment/ conversion of warrants into equity shares which will be notified in due course.

Source : Equity Bulls

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