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Surya Roshni to issue 64 lakh warrants

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Press Trust of India Mumbai

Lighting products maker Surya Roshni today said it will allot 64 lakh equity warrants on preferential basis, by which the company will raise about Rs 36.32 crore.

The shareholders at the extra ordinary general meeting (EGM) held today have approved to allot 64 lakh convertible equity warrants on preferential basis, Surya Roshni said in a filing to the Bombay Stock Exchange (BSE).

According to today's market price on the BSE, the company by issuing 64 lakh shares, would have raised about Rs 36.32 crore.

Shares of Surya Roshni today closed at Rs 56.75 on the BSE, up 0.09 per cent from its previous close.

 

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First Published: Nov 30 2009 | 5:06 PM IST

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