BCL Forgings Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 08, 2008, have transacted the following:
- For issue of 18,30,000 Zero percent convertible warrants of Rs 30/- each convertible into equal number of equity shares of Rs 10/- each at a premium of Rs 20/- per share on preferential issue basis to persons other than promoters identified as Potential Investors was passed through requisite majority.
- For issue of 18,30,000 Zero percent convertible warrants of Rs 30/- each convertible into equal number of equity shares of Rs 10/- each at a premium of Rs 20/- per share on preferential issue basis to persons other than promoters identified as Potential Investors was passed through requisite majority.
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