Nagarjuna Agri Tech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25, 2008, has deferred allotment and delegate the powers to the allotment committee to allot 20,00,000 equity shares of Rs 10/- each at par and 20,00,000 warrants convertible in to equity share of Rs 10/- each, on preferential basis to M/s. Subhkam Ventures India Ltd.
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