The Oudh Sugar Mills Ltd has informed the Exchange vide its letter dated September 01, 2009 that "The Board of Directors at their meeting held today have decided to convert 39,98,240 detachable warrants (in to Equity Shares) issued on Rights basis at a conversion price of Rs. 42.63 per warrant. Further 22nd September, 2009 has been fixed as the Record date for reckoning the eligibility of warrant holders for conversion of Warrants into Equity Shares. The Warrant Conversion period shall begin on and from 24th September, 2009 and shall last up to 22nd October, 2009. The Warrant Exercise Application Form shall be dispatched to the warrant holders at the close of business hours of 22nd September, 2009".
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