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Board of CNI Research allots convetible warrants and equity shares

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Capital Market
Last Updated : Jul 24 2014 | 11:36 PM IST

At meeting held on 24 July 2014

CNI Research announced that the Board of Directors of the Company at its meeting held on 24 July 2014 approved the allotment of 1.08 crore convertible warrants on preferential basis to the promoter/ promoter group and 3.92 crore equity shares on preferential basis to the non-promoter group.

Consequent to the above, the paid up equity share capital of the Company stands increased to Rs 10.40 crore.

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First Published: Jul 24 2014 | 11:53 AM IST

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