Metal Coatings India has informed that a meeting of the board of directors of the company will be held on January 07, 2013, to allot 23,00,000 equity shares of Rs.10 each at a premium of Rs.5.60 per share on conversion of warrants allotted on preferential basis, through a resolution passed by the shareholders at the annual general meeting held on September 28, 2012, in accordance with the provisions of section 81(1A) and other applicable provisions.
The above information is a part of company’s filings submitted to BSE.