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Board of Control Print approves conversion of warrants

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At meeting held on 10 November 2014

Control Print announced that the Board of Directors of the Company at its meeting held on 10 November 2014, inter alia, has transacted the following business:

- The Board of Directors of the Company have approved conversion of 4,00,000 (Four Lakh Only) Warrants (issued on January 27, 2014 at a price of Rs. 53.23 including premium of Rs. 43.23 per share) into Equity Shares of the Company. Consequent to the allotment as stated above, the total paid up capital of the Company shall stand increased to Rs. 9,84,82,480/- divided into 98,48,248 equity shares of the face value of Rs. 10/- each.

 

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First Published: Nov 11 2014 | 9:30 AM IST

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