Dishman Pharmaceuticals - Allotment Of Equity Shares On Conversion Of FCCB

Dishman Pharmaceuticals & Chemicals Ltd has informed that the Board of Directors of the Company on January 12, 2007 has allotted 1,26,627 equity shares of Rs 2/- each of the Company at a premium of Rs 170/- per equity share upon exercise of option of conversion of 0.50% Foreign Currency Convertible Bonds (FCCB) of the principal amount of USD 5,00,000 into equity shares of the Company, by the FCCB holder.Consequently the paid-up equity share capital of the Company has increased from 6,90,47,382 equity shares of Rs 2/- each to 6,91,74,008 equity shares of Rs 2/- each.