Friday, June 6, 2008

Grabal Alok Impex Allots Equity shares - June 6, 2008

he committee of Grabal Alok Impex has issued and allotted 2,00,000 equity shares of the face value of Rs 10 each for cash at a premium of Rs 33.75 per share, pursuant to conversion notice received for conversion of 8 FCCBs of US$ 25000 aggregating to US$ 0.20 million into equity shares. As an outcome of the conversion by virtue of the aforesaid conversion, the number and amount of outstanding FCCBs stands at 66 and US$ 1.65 million respectively.

These shares were allotted at the committee meeting held on 05 June 2008

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