Himadri Chemicals & Industries Ltd has informed that the Committee of Directors (Issue and Allotment of Securities) of the Company, at its meeting held on May 15, 2008 has allotted 3,40,000 Equity Shares of Rs 10/- each at the price of Rs 229.25 per share (including premium of Rs 219.25 per share) to the persons (as per attachment) upon the exercise of right attached to the outstanding warrants to the Company issued on Preferential basis on December 01, 2006 and December 02, 2006.
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