22366 - BSE,Company Announcement

Updated:24 May 2013 03:40:00 PM(IST)

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Pipavav Shipyard to issue warrants
Pipavav Shipyard to issue warrants The board of Pipavav Shipyard in its meeting on 06 September 2011 has approved the issue of 1,05,00,000 convertible warrants to non-institutional individual investors at a price of Rs 78 per warrant. Further, the board has approved the issue of 1 crore warrants to Grevek Investments and Finance, promoters of the company at a price of Rs 78 per warrant.