Todays Writing - Outcome of Board Meeting
Todays Writing Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2008, inter alia, has conducted the following business:
1. To issue of 25,00,000 Warrants of Rs 10/- each on preferential basis out of which
5,00,000 warrants to Promoters and 20,00,000 to Non Promoters, at an effective price of
Rs 80/- per warrant, which may be converted at a later date into one equity share of
Rs 10 for each Warrant.
2. To convene an Extra Ordinary General Meeting of the Shareholders of the Company on
May 26, 2008, inter alia, to obtain the approval of the shareholders for issuance of
25,00,000 Warrants on Preferential basis.
Tags: Todays Writing