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Corporate Announcement

Security Code : 519479    Company : OMEAG    
Outcome of Board Meeting 02 Sep 2011 18:51
Omega Ag-Seeds Punjab Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 02, 2011, inter alia, subject to the approval of the shareholders at the Annual General Meeting, approved the preferential allotment of 35,00,000 Equity shares of Rs. 10/- each at a price of Rs. 20/- (including premium of Rs. 10/- per share) to selected persons other than the promoters. The aforementioned price is subject to such adjustments as may be required to be made, taking into consideration the SEBI (Disclosure and Investor Protection) guidelines, 2000 for pricing of shares and the twenty six week average prices preceding the relevant date.


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