The Andhra Pradesh Paper Mills Limited has informed the Exchange that the Board of Directors at the meeting held on July 31, 2009 have approved issue of 70,18,242 equity shares of Rs.10/- each at a premium of Rs.40/- per share in the ratio of 3:11 aggregating to Rs.35,09,12,100/- on rights basis to the equity shareholders of the Company along with equivalent number of warrants in the ratio of 1:1 to each equity share allotted in the rights issue to be converted into equity shares at Rs.50/- per share.
| NIFTY 
