Vama Industries has informed that pursuant to the Special Resolution passed by the members, through Postal Ballot, approving the preferential issue of 12,20,000 equity shares and 4,50,000 warrants, the Board of Directors at its meeting held on July 16, 2015 have approved the said issue of securities and the private placement offer letter (PAS-4) in connection thereof.
The above information is a part of company’s filings submitted to BSE.