Ashirwad Steels - Allotment Of Equity Shares

Ashirwad Steels & Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 03, 2008, inter alia, to discuss and allot 3933600 equity shares of the Company of Rs 10/- each at a cash price of Rs 50/- each on preferential basis and after necessary deliberations the Board of Directors resolved and approved allotment of shares to the following share applicants along with number of shares allotted to each applicant :-

I. Under Promoters Group:

1. Name of the Applicant : Meghdoot Vyapaar Pvt Ltd

- Number of Shares allotted: 1,350,000

2. Name of the Applicant : Sanyog Nirman Pvt Ltd

- Number of Shares allotted: 6,15,000

3. Name of the Applicant : Bahula Resources Ltd

- Number of Shares allotted: 80,000

II. Under Non Promoters Group:

4. Name of the Applicant : Rosy Dealcom Pvt Ltd

- Number of Shares allotted: 2,00,000

5. Name of the Applicant : Vinayak Finlease Pvt Ltd

- Number of Shares allotted: 1,40,000

6. Name of the Applicant : Aspolight Agencies Pvt Ltd

- Number of Shares allotted: 1,70,000

7. Name of the Applicant : Boosom Marketing Pvt Ltd

- Number of Shares allotted: 1,30,000

8. Name of the Applicant : Green Mark Securities Pvt Ltd

- Number of Shares allotted: 1,48,000

9. Name of the Applicant : Proctor Pratistan & Trading Pvt Ltd

- Number of Shares allotted: 1,16,000

10. Name of the Applicant : Binapani Traders Pvt Ltd

- Number of Shares allotted: 60,000

11. Name of the Applicant : Baglas Traders Pvt Ltd

- Number of Shares allotted: 90,000

12. Name of the Applicant : Kanishk Promoter Pvt Ltd

- Number of Shares allotted: 1,90,000

13. Name of the Applicant: Rajlakmi Vanijya Pvt Ltd

- Number of Shares allotted: 1,60,000

14. Name of the Applicant : Variety Commodities Pvt Ltd

- Number of Shares allotted: 1,68,600