Monday, March 10, 2008

Strides Arcolab - Allotment Of Equity Shares

Strides Arcolab Ltd has informed that the Company has allotted 40,00,000 fully paid equity shares of Rs 10/- each at a price of Rs 400/- per share, against conversion of equivalent number of Fully Convertible Debentures, to Dobliss Holdings Ltd (31,11,440) shares and Bilssup Holdings Ltd (8,88,560 shares).

Consequent to the allotment, the paid up equity share capital of the Company has increased from Rs 35,00,42,890 consisting of 35,004,289 equity shares of Rs 10/- each to Rs 39,00,42,890 consisting of 3,90,04,289 equity shares of Rs 10/- each.

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