Garware Wall - Allotment Of Equity Shares

Garware Wall Ropes Ltd has informed that the Committee of Board of Directors viz. Shareholders/Investors Grievances and Share Transfer Committee, at its meeting held on March 28, 2008, allotted 9,98,000 Equity Shares of Rs 10/- each, arising out of exercise of option for conversion into equity shares in respect of Convertible Warrants already allotted / issued to the Promoter entities on preferential basis.