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Gagan Polycot India board to issue warrants

02 Jan 2013 Evaluate

Gagan Polycot India has informed that a meeting of the board of directors of the company will be held on January 10, 2013 for the issue of 59,71,700 warrants to be converted into equity shares of Rs. 10 each at a premium of Rs. 5 to the promoters including person acting in concert & other acquirers on preferential basis.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Redington 328.50
Adani Enterprises 2706.00
Amrapali Industries 34.77
Maxgrow India 175.30
Rashi Peripheral 674.15
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