Vertex Securities Ltd has informed BSE that the Board of Directors of the Company have, pursuant to the Scheme of Amalgamation of Transwarranty Capital Pvt. Ltd with the Company as approved by the Honble High Courts at Bombay and Kerala approved conversion of 3,56,000 of 0.5% fully convertible preference shares of Rs. 10/- each out of 56,62,454, 0.5% fully convertible Preference shares by issue and allotment of 17,80,000 equity share of Rs. 2/- each fully paid up at par for each fully Convertible Preference Shares.
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