Corporate News 26-Sep-12
Punjab Chemicals & Crop Protection allots debentures
On preferential basis
The committee of Punjab Chemicals & Crop Protection in its meeting on 26 September 2012 has approved the allotment of 30,00,000 zero-coupon unsecured fully convertible debentures of face value of Rs 100 each (subscription securities), convertible into equity shares of face value Rs 10 each at a premium of Rs 90 per subscription security on a preferential basis to Gowal Consulting Services, pursuant to the approval of the shareholders of the company in their meeting held on 12 September 2012.
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