Computer Point allots 30,00,000 equity shares at par on preferential basis

Computer Point Ltd has announced that the Board of Directors of the Company at its meeting held on January 10, 2007 has allotted 30,00,000 Equity Shares of Rs 10/- each for cash at par fully Paid-Up on a preferential basis in terms of the Shareholders resolution dated December 27, 2006 and 30,00,000 convertible warrants carrying rights of option to the allottees for conversion into 30,00,000 Equity Shares of Rs 10/- each for cash at par on a future date not later than 18 months from date of allotment.

Source : Equity Bulls

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