Raymond Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 04, 2007, inter alia, to create, offer, issue and allot in one or more tranches, on private placement and / or preferential basis, not exceeding 6138085 (Sixty One Lakhs Thirty Eight Thousand Eighty Five) warrants, each warrant carrying one option / entitlement to subscribe to one number of equity share of the Company of Rs 10/- each against each such option on a future date (i.e. option / entitlement to subscribe to maximum number of 6138085 (Sixty One Lakhs Thirty Eight Thousand Eighty Five) equity shares of Rs 10/- each in aggregate), within a period not exceeding 18 (Eighteen) months from the date of issue of such warrants, to the following promoters of the Company:
J K Investors (Bombay) Ltd: 6138085 maximum nos of warrants to be allotted
The total number of shares to which promoters will become entitled to, considering one option available per warrant shall be 6138085 (Sixty One Lakhs Thirty Eight Thousand Eighty Five) equity shares of Rs 10/- each, fully paid-up.
marketing@alchempro.com
