Allotment of 5,00,000 Warrants on Preferential Basis
GEI Industrial Systems Ltd has informed BSE that, pursuant to the approval of members at an Extra-Ordinary General Meeting held on February 28, 2011 and the in-Principle Approvals received from Stock Exchanges, the Committee of Board of Directors of the Company has inter-alia, taken the following decisions in its meeting held May 24, 2011."Allotment of 5,00,000 Warrants of Rs. 250/- each to Mr. C E Fernandes (Promoter), with the option of...