Bodal Chemicals - Outcome of Board Meeting
Bodal Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 16, 2008, inter alia, has transacted the following businesses:
- Entitlement Ratio for Rights Issue : 1 Equity Share with 1 Detachable Warrant for every 2 equity shares held on Record date.
- Issue Price : Rs 20/- per share (including Rs 10/- premium per share)
In view of pending incorporation of some of the detail in final Letter of Offer, Board of
Directors has decided to approve final Letter of Offer in the ensuing Board Meeting to be
held on February 26, 2008.
Tags: Bodal Chemicals