Corporate News 02-May-12
Indiabulls Wholesale Services' board approves allotment of warrants
On preferential basis
The board of Indiabulls Wholesale Services in its meeting on 30 April 2012 has approved the proposal to issue and allot to promoter entities on a preferentail allotment basis upto 86,00,000 warrants convertible into equivalent number of equity shares of face value of Rs 2 each of the company at a conversion price of Rs 10 per equity share.
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