Sun Pharmaceutical Industries Ltd has informed that pursuant to the terms and conditions of the Offering Circular dated November 24, 2004, the Committee of Directors (Allotment) of the Company at its meeting held on March 01, 2008, has allotted 31,20,084 (Thirty One Lacs Twenty Thousand Eighty Four) Equity Shares of Rs 5/- each of the Company at a premium of Rs 724.30 per share upon exercise of option of conversion for 50,555 Zero Coupon Foreign Currency Convertible Bonds of US $ 1000 each (FCCB) into Equity shares of the Company by FCCB holders.
Consequently, the paid up Equity Share Capital of the Company has increased from 20,14,77,473 Equity Shares of Rs 5/- each to 20,45,97,557 Equity Shares of Rs 5/- each, as of date.
Consequently, the paid up Equity Share Capital of the Company has increased from 20,14,77,473 Equity Shares of Rs 5/- each to 20,45,97,557 Equity Shares of Rs 5/- each, as of date.
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