Neha International has informed that the board of directors of the company at its meeting held on December 05, 2012, proposed to issue 10,00,000 convertible share warrants to promoters of the company and also proposed to issue 10,00,000 equity shares to other then promoters on preferential basis and grant of employee stock option scheme (ESOPS) to independent directors and payment of remuneration to independent directors.
The above information is a part of company’s filings submitted to BSE.