Corporate News     12-Apr-10
Shakti Pumps India to issue warrants
To raise funds
The members of Shakti Pumps India have approved the issue of 6 lakh warrants to Dinesh Patidar, Managing Director of the company on conversion warrants into equity share.

Further, the members have accorded the board to borrow up to Rs. 500 crore.

This was accorded at the extraordinary general meeting held on 12 April 2010.

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