Avonmore Capital: Outcome of committee meeting

Written By Unknown on Sabtu, 09 Agustus 2014 | 14.02

Avonmore Capital & Management Services Ltd has informed BSE that pursuant to the terms and conditions of the preferential allotment of Warrants, the Committee of the Board of Directors of the Company at its meeting held on August 08, 2014, has allotted 3000000 Warrants of Rs 10 each at price of Rs 25 each to allottees.

Avonmore Capital & Management Services Ltd has informed BSE that pursuant to the terms and conditions of the preferential allotment of Warrants, the Committee of the Board of Directors of the Company at its meeting held on August 08, 2014, has allotted 3000000 Warrants of Rs. 10/- each at price of Rs. 25/- each to allottees.The aforesaid Warrants carries a right to subscribe equal number of equity shares of nominal value of Rs. 10/- each at a price of Rs. 25/- each, on conversion within a period of 18 months from the date of Allotment.Source : BSE

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