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Wednesday, November 28, 2007
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Equity News
Nov 27 2007 10:51AM
Dolphin Medical Services to issue convertible warrants
The board of Dolphin Medical Services has decided to issue and offer convertible warrants on preferential basis to the prospective investors, which will be later converted into equity shares.

The board has approved to borrow in excess of the paid up capital and free reserves.

The board has approved to mortgage the movable and immovable properties of the company in favour of the lenders from whom loans to be availed.

Further, the board has decided to start activity based strategic business unit and incorporate a wholly owned subsidiary company to increase the scope and span of services for enhanced performance.

This was approved at the board meeting held on 26 November 2007.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
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