Sumedha Fiscal Services Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on March 30, 2011, inter alia, has:
1. Allotted 2,00,000 Convertible Share Warrants on preferential basis.
2. Allotted one Zero Percent Fully Convertible Debenture for Rs. 2.90 crore to Brand Equity Treaties Ltd., on preferential basis; and
3. Formed Compensation Committee for issue of Stock Options under SFSL Employee Stock Option Scheme, 2011.
Sensex
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Wednesday, March 30, 2011
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