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 December 22, 2007, the Company has allotted 7,33,892 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 7,33,892 equity shares of Rs 2/- each of the Company as aforesaid, the paid up equity share capital of the Company as on December 22, 2007 stands increased to 12,06,83,552 equity shares of Rs 2/- each amounting to Rs 24,13,67,104/- from 11,99,49,660 equity shares of Rs 2/- each amounting to Rs 23,98,99,320/-.