Sturdy Industries has informed that a meeting of the board of directors of the company will be held on July 02, 2012, to discuss and decide about the allotment of equity shares on conversion of 10,000,000 fully convertible warrants face value of Rs. 2 each at a premium of Rs. 5 each respectively to promoters and other than promoters on preferential basis.
The above information is a part of company's filings submitted to BSE.