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Cancellation of Share warrant

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(Querist)
27 July 2009 Can a public company which is not a listed company, cancel the share warrants?
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Ankur Garg

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Ankur Garg (Expert)
27 July 2009 Yes.

If such warrants are convertible in to equity shares and were issued with the shareholders approval then it is advisable to cancel them with the shareholders approval.

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