The board of SEL Manufacturing Company has allotted 5,50,000 equity shares of Rs 10 each of the company on conversion of warrants to Matterhorn Ventures (2,50,000 shares) and Master Trust (3,00,000 shares).
Consequent upon the conversion of 5,50,000 equity warrants into equity shares of the above said allottees, the total issued and paid up capital of the company stands increased to Rs 17,16,60,000 divided into 1,71,66,000 equity shares of Rs 10 each.
This was decided at the board meeting held on 23 July 2008.
Consequent upon the conversion of 5,50,000 equity warrants into equity shares of the above said allottees, the total issued and paid up capital of the company stands increased to Rs 17,16,60,000 divided into 1,71,66,000 equity shares of Rs 10 each.
This was decided at the board meeting held on 23 July 2008.
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