Indo Amines to increase share capital

Indo Amines to increase share capital

>The members of Indo Amines, (Q, N,C,F)* at the extra ordinary general meeting (EGM) of the company held on Sep. 18, 2007, decided to increase the authorized share capital of the company from Rs 77.5 million to Rs 80 million.

Further, the members authorized the board to issue and allot 3,75,000 warrants. Each warrant carrying right to subscribe to one equity share of Rs 10 each of the company, on a future date.

Shares of the company decl ined Rs 0.39, or 2.01%, to Rs 18.20. The total volume of shares traded was 17,100 at the BSE. (1.32 p.m, Thursday)

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