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Rajshree Sugars & Chemicals to issue equity warrants

Capital Market/ 15:30 , Oct 11, 2012

Rajshree Sugars & Chemicals to issue equity warrantsOn preferential basisThe shareholders of Rajshree Sugars & Chemicals have approved the issue of 11,50,000 equity warrants convertible into equity shares to one of the promoters of the company, Rajshree Pathy, chairperson and managing director, on a preferential basis.The shareholders have approved the issue of stock options from time to time upto 11,89,585 stock options to the employees of the company under Employees Stock Option Scheme.This was approved at the extraordinary general meeting held on 10 October 2012.

 



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