Corporate News     26-Mar-14
Birla Precision Technologies withdraws preferential issue of convertible warrants
After board decision on 26 March 2014
Birla Precision Technologies announced that pursuant to the unwillingness of Promoters, namely Asian Distributors and Birla Bombay to subscribe to the proposed issue of convertible warrants to Promoters on preferential basis, the Board has, by circular resolution dated 26 March 2014 decided to withdraw the proposed issue of convertible warrants to above Promoters on preferential basis.
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