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Visagar Polytex approves share allotment and issue
Date: 29-06-2012Visagar Polytex has informed that the board of directors of the company at its meeting held on June 29, 2012, have accorded their approval for issue and allotment of 3,40,000 equity shares after conversion of 3,40,000 Optionally Fully Convertible Warrants (OFCW's) having face value of Rs.1 each at a price of Rs. 164 which includes a premium of Rs. 163 per share to promoter and other investors on preferential basis.
The above information is a part of company's filings submitted to BSE.