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Metroglobal - Updates on Board Meeting on May 30, 2013

By Religare

With reference to the earlier announcement dated May 20, 2013 regarding intimation of the Board Meeting to consider audited accounts for the quarter and year ended on March 31, 2013 and to recommend declaration of dividend for the year 2012-13, Metroglobal Ltd has now informed BSE that the Board of Directors of the Company will also consider the following business at the Board meeting to be held on May 30, 2013 :

1. To consider allotment of 787033 equity shares of Rs. 10/- each at a premium of Rs. 170/- on account of conversion of 14,16,660 0.1% Unsecured Convertible Debentures in to equity Shares on Preferential basis to promoter of the Company.

Read more about: metroglobal
Story first published: Friday, May 24, 2013, 23:44 [IST]
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