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Equity News
Jan 19 2008 10:20AM
Networth Stock Broking to allot shares & warrants
The board of Networth Stock Brokinghas approved the allotment of 26,35,140 equity shares on preferential allotment basis to FIIs, bodies corporates.

The board has approved the allotment of 11,54,000 share warrants on preferential allotment to FII, individuals and corporates.

The board has appointed Sathyan Rajan as managing director of the company.

Further, the board has accepted the resignation of S P Jain as managing director of the company.

This was decided at the board meeting held on 18 January 2008.

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