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Board of Asian Oilfield Services approves preferential allotment of convertible warrants

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Capital Market

At its meeting held on 26 November 2016

Asian Oilfield Services announced that the Board of Directors of the Company at its meeting held on 26 November 2016 have considered and approved to raise funds by issue of 1.45 crore warrants convertible into equity shares through preferential allotment. Further, the approval of shareholders will be sought for the same in the EGM scheduled on 23 December 2016.

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First Published: Nov 26 2016 | 4:58 PM IST

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