Visagar Polytex has informed that a meeting of the board of directors of the company will be held on June 09, 2012, to consider and approve the allotment of 3,40,000 optionally fully convertible warrants (OFCW's) having face value of Rs.1 each at a price of Rs. 164.00 per share to promoter and other investors on preferential basis.
Further, Kailashchand Chhaparwal resigned as director of the company and discussed about the present activities of the company.
The above information is a part of company's filings submitted to BSE
