Brand Realty Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 19, 2011, inter alia, approved the following:
Rights issue of Shares and Warrants:-
1. Rights Issue of 3,004,400 Equity Shares of Rs. 10/- each (in the ratio of 1:1) at par aggregating to Rs. 300.44 lakhs.
2. Issue of Share Warrants of Rs. 10/- each (in the ratio of 2:1) at a premium of Rs. 2/- per share aggregating to Rs. 721.06 lakhs.
Sensex
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Sunday, February 20, 2011
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