Brief: Nandan Denim gets third tranche amounting to 125 mln rupees from Polus Global Fund

Nandan Denim

05/04/2016 08:54

April 5 (Reuters) - Nandan Denim Ltd  NANE.NS : 
 * Got third tranche amounting to inr 125 million from polus global fund towards 
   2.5 million convertible warrants allotted to them 
  
* Source text: Nandan Denim Ltd has informed BSE that the Company have received the third tranche amounting to Rs. 12.50 crore from Polus Global Fund towards the 25,00,000 convertible warrants allotted to them at a conversion price of Rs. 200/- each pursuant to receipt of shareholders approval at the Annual General Meeting of the Company held on September 29, 2015 and subsequent approvals from the stock exchanges. 
   
 * Further company coverage  NANE.NS   
 
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