VCK Capital Market Services Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 21, 2008, have unanimously obtained to convert the Part-C of the 12% Non Cumulative Convertible Redeemable Preference shares (Equity Shares) of Rs 40/- each into the equity shares of Rs 10/- each of the Company along with the arrear of all accumulated dividends till June 15, 1999 at a price of Rs 12.25/- each in terms of the Guidelines for Preferential Issues of Shares under Chapter XIII of Securities & Exchange Board of India (Disclosure & Investor Protection) Guidelines, 2000.
Friday, January 25, 2008
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