Capital Trade Links has informed that the Board of Directors of the Company at its meeting held on March 03, 2016 has resolved the conversion of 2,90,600 Warrants into Equity Shares. That as per the terms of the issue of Warrants, the Board of Directors has approved the conversion of 2,90,600 warrants into equity shares at Rs 92 per equity share (including premium of Rs 91 per equity share) to Nutek India respectively against the warrants held by them.
The above information is a part of company’s filings submitted to BSE.