Brief: Nandan Denim withdraws proposal for allotment of 5 mln convertible warrants to FPIs
23/12/2016 07:42
Dec 23 (Reuters) - Nandan Denim Ltd NANE.NS :
* Says board approved withdrawal of proposal of allotment of
5 million convertible warrants to FPIs
* Says withdrawal on account of present economic outlook and
likely delay in sanctions to be received from banks
Source text: http://bit.ly/2i1fsgp
Further company coverage: NANE.NS
((Bangalore.newsroom@thomsonreuters.com;))
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