Dynamatic Technologies has informed that subject to shareholders’ approval for preferential issue of convertible warrants on March 25, 2013 and subject to necessary approvals from the Stock Exchanges, the Company shall allot convertible warrants to the Promoters. In this regard, it is proposed to convene a Meeting of the Finance Committee of the Board of Directors on March 26, 2013 to consider and approve the said allotment.
The above information is a part of company’s filings submitted to BSE.