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Thursday, Jan 02, 2003

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Corporate - Preferential Allotments


Goldstone allots warrants

Our Bureau

HYDERABAD: Goldstone Technologies Ltd has informed the Bombay Stock Exchange that the company board has decided to allot 50,00,000 convertible equity warrants at Rs 27 per warrant aggregating Rs 13.50 crore to Goldstone Exports, the promoter of the company.

The Executive Director of Goldstone Technologies, Mr K. Vasudeva Rao, told Business Line that this was aimed at supporting the inorganic growth of the company by way of allotment of warrants to the promoters.

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Goldstone allots warrants


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