Corporate News     28-Dec-16
Board of Goodluck Steel Tubes allots convertible warrants on preferential basis
At meeting held on 28 December 2016
Goodluck Steel Tubes announced that the Board of Directors of the Company at its meeting held on 28 December 2016 has issued and allotted 10,00,000 warrants convertible into equal number of equity shares on preferential basis to persons belonging to promoter category, at an exercise price of Rs 125 per underlying share of face value of Rs 2 (including a premium of Rs 123) each.
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