Samtex Fashions has informed that the board of directors of the company at its meeting held on November 26, 2011, has issued or allotted 50,00,000 no. of warrants convertible into equal number of equity shares of Rs. 10 each at a price of Rs. 28 to promoters and other than promoters, as approved in the company's AGM dated September 30, 2011, on preferential basis with 25% paid up that is Rs. 7 paid per warrant.
The above information is part of the company’s filing submitted to the BSE.