Software Technology Group International Ltd has informed that the Board of Directors of the Company at its meeting held on February 16, 2008 has allotted 500,000 convertible warrants at a price of Rs 22/- per warrant to the following Non-Promoter Strategic Investor with an option to the warrant holder(s) to convert these into equal number of equity Shares of the face value of Rs 10/- each at a premium of Rs 12/- per Share after the prevailing statutory lock-in period as per SEBI guidelines in pursuance of the approval earlier accorded by the Shareholders of the Company at their Fifteenth Annual General Meeting held on December 31, 2007:
M/s AKM Systems Pvt Ltd, New Delhi - 500,000 No of warrants allotted.
M/s AKM Systems Pvt Ltd, New Delhi - 500,000 No of warrants allotted.
No comments:
Post a Comment