The committee of Shiv Vani Oil & Gas Exploration Services has allotted 168960 equity shares to Barclays Capital Mauritius and 152064 equity shares to Swiss Finance Corp. (Mauritius) on conversion of 1000 and 900 FCCBS respectively, issued by company vide offer document circulated on 20 December 2005.
These shares were allotted at the allotment committee meeting held on 16 October 2007.
Shiv-Vani Oil & Gas Exploration Services’ net profit rose 27.83% to Rs 9.83 crore on 18.27% growth in net sales to Rs 65.13 crore in Q2 June 2007 over Q2 June 2006.
The company's principal activity is to explore oil and natural gas.
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