Nakoda Textile Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on August 24, 2007, inter alia, for Preferential Allotment of 2,60,000 Fully Convertible Debentures of Rs 60/- each and 28,44,000 Share Warrants of Rs 100/- each, which will be optionally convertible into Equity shares of Rs 10/- each at
premium of Rs 10/- per equity share.
The Company was incorporated as a Private Limited Company on 13th August 1984 under the name of Nakoda Textile Industries Private Limited. It became a deemed Public Limited Company by virtue of Sec. 43 A of Companies Act 1956 on 17th August 1989.
Nakoda Textile Industries Ltd