Corporate News 30-Dec-14
Board of Goodluck Steel Tubes allots convertible warrants
At meeting held on 30 December 2014
Goodluck Steel Tubes announced that the Board of Directors of the Company at its meeting held on 30 December 2014, inter alia, has in terms of the special resolution passed in extra-ordinary general meeting of the members of the Company held on 17 December 2014 and in principal approval of stock exchange, 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. 60/- per underlying equity share of the face value of Rs. 2 (including a premium of Rs. 58.00) each.
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