Zenotech Laboratories Ltd board to meet for approving preferential issue to Ranbaxy

Zenotech Laboratories Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 25, 2006, to consider the allotment of 20,00,000 equity shares of Rs 10/- each per share, issued on a preferential basis at a price (including premium) of Rs 100/- each, to M/s. Ranbaxy Laboratories Ltd pursuant to the approval of the shareholders of the Company at the Extra Ordinary General Meeting held on August 10, 2006.

Source : Equity Bulls

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