Monday, September 3, 2007

Sintex Industries - Allotment Of Equity Shares

Sintex Industries Ltd has informed that pursuant to the approval of the (i) shareholders of the Company at the Extra Ordinary General Meeting of the Company held on October 10, 2006; (ii) the Committee of Directors at its meeting held on September 01, 2007, i.e., the Company has allotted 15,06,527 equity shares of Rs 2/- each of the Company to Foreign Currency Convertible Bonds (FCCB) holders on the exercise their conversion right.

Pursuant to the allotment of 15,06,527 equity shares of Rs 2/- each of the Company as aforesaid, the paid up equity share capital of the Company as on September 01, 2007 stands increased to 11,83,95,307 equity shares of Rs 2/- each amounting to Rs 23,67,90,614/-, from 11,68,88,780 equity shares of Rs 2/- each amounting to Rs 23,37,77,560/-.

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