Videocon Appliances Ltd has informed that the Board of Directors of the Company at its meeting held on March 17, 2008, has allotted 6,138,359 (Sixty One Lakh Thirty Eight Thousand Three Hundred Fifty Nine) Equity Shares to the Equity Shareholders of erstwhileRanjangaon Industries Pvt Ltd, in the ratio of 1 (One) Equity Share of Videocon Appliances Ltd for every 18 (Eighteen) Equity Share of Ranjangaon Industries Pvt Ltd, pursuant to the Scheme of Amalgamation of Ranjangaon Industries Pvt Ltd with Videocon Appliances Ltd.
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