BPL - Allotment Of Equity Shares On Preferential Basis

BPL Ltd has informed that on October 22, 2007 the Company has allotted equity shares of Rs 10/- each on preferential basis to Electro Investment Pvt Ltd, a promoter group Company, in terms of the SEBI Guidelines for Preferential Issues as under:a. 30,00,000 equity shares of Rs 10/- each at a premium of Rs 33.02 per share aggregating to Rs 12,90,60,000 andb. 8,20,344 equity shares of Rs 10/- each at a premium of Rs 62.99 per share aggregating to Rs 5,98,76,908.