Aug 30, 2008

Winsome Textile Industries to issue warrants

Winsome Textile Industries to issue warrants


The board of Winsome Textile Industries has decided to offer and issue
upto 75,00,000 convertible warrants, provided that the aggregate number
of resultant equity shares of the company to be issued against such
warrants, with in 18 months, shall not exceed 75,00,000 fully paid up
equity shares of the face value of Rs 10 each at a price of Rs 24 each
to financial investor and promoter / promoter group.

this was decided at the board meeting held on 29 August 2008.

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