Brief: 7Seas Entertainment Approved Issue Upto 3,662,116 Convertible Warrants
May 10 (Reuters) - 7Seas Entertainment Ltd SEAS.BO :
* APPROVED ISSUE UPTO 3,662,116 CONVERTIBLE WARRANTS AT AN
ISSUE
PRICE OF 22.70 RUPEES EACH
* APPROVED ISSUE OF UPTO 2,643,172 SHARES AT AN ISSUE PRICE
OF
22.70 RUPEES EACH
* APPROVED ISSUE OF UPTO 881,057 SHARES AT AN ISSUE PRICE OF
22.70
RUPEES EACH
* TO ISSUE 881,057 SHARES AT 22.70 RUPEES EACH BY CONVERSION
OF
UNSECURED LOAN INTO EQUITY ON PREFERENTIAL BASIS
Source text for Eikon: ID:nBSEbgdtMb
Further company coverage: SEAS.BO
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