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Tilaknagar Ind allots 41.70 lakh warrants to promoter

This article was posted on Jun 18, 2009 and is filed under Stock News

MUMBAI: Manufacturer and supplier of Indian-made foreign liquor Tilaknagar Industries on Thursday said its shareholders have approved to issue 41.70 lakh convertible warrants to a promoter of the company on preferential allotment basis.

Shareholders of the company has approved the allotment of 41.70 lakh warrants to the said promoter, Tilaknagar said in a filing to the BSE adding that the warrants would be convertible into equal number of shares at Rs 92 a piece. – PTI

source: The Hindu Business Line

Tags: promoter holding in stocks, promoter stocks, stock holdings of promoter, Tilaknagar Ind, Tilaknagar Ind buy or sell now

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