Wednesday, January 16, 2008

Aksh Optifibre - Outcome Of Board Meeting

Aksh Optifibre Ltd has informed that the Board of Directors of the Company at its meeting held on January 15, 2008 has allotted the following, in line with the approvals granted by the shareholders in their Extraordinary General Meeting held on December 06, 2007:

1. 50,00,000 Warrants, convertible into equity shares.

2. 10,000 Compulsorily Convertible Debentures, convertible into equity shares.

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