Business Standard

Ortin Lab to issue 1.5 mn warrants to promoters

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BS Reporter Mumbai

Pharma firm Ortin Laboratories to said its board has decided to issue 1.5 million convertible warrants on preferential basis to promoters and others at an issue price of Rs 18 per warrant.

It has convened an extra-ordinary general meeting on May 18 for the issue. The company's stock was trading at Rs 17.65, nearly 1.15 per cent down from Friday's close.

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First Published: Apr 19 2010 | 12:44 PM IST

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