Xpro India Ltd has informed that the Committee of Directors of the Company at its meeting held on April 04, 2008 have allotted 5,00,000 equity shares of Rs 10/- each for cash at a premium of Rs 31.50 per equity share to M/s. iPro Capital Ltd (formerly M/s. Sutlej Cotton Mills Supply Agency Ltd), part of the Promoters / Promoter Group of the Company, upon conversion of 5,00,000 convertible warrants in accordance with the SEBI (DIP) Guidelines, 2000 for Preferential issues.
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