Transgene Biotek: Outcome of board meeting

Written By Unknown on Jumat, 16 Agustus 2013 | 10.54

Aug 16, 2013, 09.18 AM IST

Transgene Biotek at its meeting held on August 15, 2013, has decided to convert interest free unsecured loans brought in by Dr. K. K. Rao and associates, Promoter of the Company, into equity subject to the approval of the Members of the Company at a price to be determined as per SEBI (Disclosure & Investor Protection) Guidelines, 2000.

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Transgene Biotek: Outcome of board meeting

Transgene Biotek at its meeting held on August 15, 2013, has decided to convert interest free unsecured loans brought in by Dr. K. K. Rao and associates, Promoter of the Company, into equity subject to the approval of the Members of the Company at a price to be determined as per SEBI (Disclosure & Investor Protection) Guidelines, 2000.

Like this story, share it with millions of investors on M3

Transgene Biotek: Outcome of board meeting

Transgene Biotek at its meeting held on August 15, 2013, has decided to convert interest free unsecured loans brought in by Dr. K. K. Rao and associates, Promoter of the Company, into equity subject to the approval of the Members of the Company at a price to be determined as per SEBI (Disclosure & Investor Protection) Guidelines, 2000.

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Transgene Biotek Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 15, 2013, inter alia, has decided to convert interest free unsecured loans brought in by Dr. K. K. Rao and associates, Promoter of the Company, into equity subject to the approval of the Members of the Company at a price to be determined as per SEBI (Disclosure & Investor Protection) Guidelines, 2000.Source : BSE

Read all announcements in Transgene Biote


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