Monday, January 7, 2008

Balrampur Chini - Allotment Of Equity Shares & Convertible Warrants

Balrampur Chini Mills Ltd has informed that the Company has allotted 73,00,000 equity shares of Re 1 each at a premium of Rs 91/- per share and 100,00,000 convertible warrants to be convertible at the option of the warrant holder into one fully paid up equity share of the Company of face value of Re 1 each at an exercise price of Rs 92/- for each warrant to the promoter group on preferential basis.

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