Ushdev International Board recommends Right Issue
Ushdev International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 18, 2008 has recommendation of Right Issue in the proportion of 1 (one) equity shares for 2 (two) equity shares already held at a premium of Rs 90/share, subject to approval by the shareholders.
The each right shares offered shall have 1 Detachable Warrants to be converted into 1 Equity Shares of Rs 10/- each at a premium of Rs 90/share, subject to approval by the shareholders.
Source: bseindia.com
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