Corporate News 21-Dec-10
Punjab Chemicals & Crop Protection to issue warrants
Convertible into equity shares
The members of Punjab Chemicals & Crop Protection have approved the issue of 7,50,000 preferential convertible warrants (PCW) to Hem-Sil Trading & Manufacturing to be converted into equity shares in two trenches i.e. 3,50,000 PCW to be converted by 31 March 2011 and 4,00,000 PCW by 31 March 2012.
This was approved at the extraordinary general meeting held on 21 December 2010.
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