Visagar Polytex has informed that a meeting of the board of directors of the company will be held on June 29, 2012, to consider the allotment of 3,40,000 equity shares after conversion of 3,40,000 Optionally Fully Convertible Warrants (OFCW's) having face value of Re.1 each at a price of Rs.164.00 which includes a premium of Rs.163.00 per share to promoter and other investors on preferential basis and further will discuss about the present activities of the company.
The above information is a part of company's filings submitted to BSE.
