Saturday, May 12, 2012

Prithvi 100 cr...Authorised Capital....


prithvi… ANNOUNCEMENTS…. gOOD NEWS…

now, i am feeling very happy, elevated and proud….

…..One year back when i told to my friends THAT WE are about to here 


very good news from prithvi….something interesting is happening… 

then nobody believed!!!!!!! ...some said.. wait and see...

when the share price fallen from 30-35 range to below 15, many asked 


where THE GOOD NEWS…IS…..

some recently asked when we will here the good news….

some did not even believe what i said then… but smiled…(might have laughted behind my back)….

but all are now reading….
nOW IT IS public AND hISTORY!!!!!!!!!!!

HYDERABAD, MAY 11: 
Prithvi Information Solutions has received the nod from the board at the EGM (extraordinary general meeting) of the company to increase authorised capital of the company from Rs 30 crore to Rs 100 crore by allowing change in Memorandum and Article of Association to this effect.
The firm will go for a preferential issue 1.65 crore equity shares to persons belonging to the non-promoter category at Rs 26 a share.
It would also issue 5 crore fully compulsorily convertible warrants to the same category at the same price.

2 comments:

Mohan Muppaneni said...

Guruji,

You don't have to give justification to anyone. I know you told me about Prithvi and also you have been right about many other scrips all throughout.

BAMMIDI NAGESWARARAO said...

It is not justification Master, it re-confirms the readings...especially in stock market...