220 Microns Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2013, inter alia, has considered and approved, subject to all necessary approval(s) in that behalf, to issue and allot of 4,00,000 Fully Convertible Debentures of the face value Rs. 100/- each to the non-promoter on a preferential basis and the Management Committee of Directors of the Company was empowered to complete and comply with all the necessary process and formalities in this behalf, from time to time.Source : BSE
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