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Article: AVANCE TECHNOLOGIES ANNOUNCES OUTCOME OF EGM
- Article from:
- The Hindustan Times
- Article date:
- February 21, 2007
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Report from the India Press Release brought to you by the Hindustan Times
MUMBAI, India, Feb 21 -- The Bombay Stock Exchange (BSE) of India made the following corporate announcement:
Avance Technologies Ltd., has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 20, 2007, inter alia, have passed the special resolution, with requisite majority, to create, offer, issue, allot, and deliver in one or more tranches, on a preferential basis upto 26,25,000 convertible warrants (Warrants) to promoters and non-promoters or prospective investors of the Company or any of its nominees or affiliates, each warrant convertible at the sole option of ...