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Board of Lykis approves preferential issue of convertible warrants

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Capital Market
Last Updated : Aug 12 2015 | 4:29 PM IST

At meeting held on 12 August 2015

Lykis announced that the Board of Directors of the Company at its meeting held on 12 August 2015, inter alia, has transacted the following :

- The Board has considered and approved issue of 9,68,000 warrants, convertible into Equity Shares in one or more trenches, on preferential basis to Non Promoter at a price which will be determined as per SEBI (ICDR) Regulations and other applicable laws and subject to approval of Members in the ensuing General Meeting.

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First Published: Aug 12 2015 | 3:04 PM IST

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