Adlabs Films - Allotment Of Equity Shares On Conversion Of FCCBs

Adlabs Films Ltd has informed that the Committee of the Board of Directors at its meeting held on January 22, 2008 has allotted 11,64,734 equity shares of Face Value Rs 5/- each for cash at a price of Rs 543.42 (including a premium of Rs 538.42) per share pursuant to the conversion notices received in respect of conversion of Zero Coupon Foreign Currency Convertible Bonds aggregating 1,16,65,000 Euros (or Rs 63,29,42,900) in value.

Pursuant to the allotment the total paid up share capital of the Company shall be Rs 22,94,07,710/- divided into 4,58,81,542 equity shares of Rs 5 each fully paid up.

Further pursuant to the allotment the Networth of the Company shall be Rs 641.56 crores.

The outstanding amount of Zero Coupon Foreign Currency Convertible Bonds is now 2,31,00,000 Euros in value.

Core Projects - Allotment Of Equity Shares On Conversion Of FCCBs

Core Projects & Technologies Ltd has informed that the Shareholders / Investors Grievance Committee constituted by the Board at its meeting held on January 14, 2008 had allotted 566,533 Equity Shares of Rs 2/- on conversion of FCCBs.

With this allotment the paid capital of the Company stands increased to Rs 16,00,20,312 comprising 8,00,10,156 equity shares of Rs 2/- each.