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| Exchange Disseminated Time | Gujarat Containers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 25, 2013, has allotted the 200000 Equity shares and 800000 fully convertible equity warrants of Rs. 10 each at a premium of Rs. 14.20 per shares (determined as per SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009 read with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011) to Mr. Neil Shah and Ms. Neha Vora being the Promoter and Promoter Group.
The allotment is made in terms of the above offers and subject to the provision of SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009 issued by Securities and Exchange Board of India (SEBI), listing agreement signed with the Stock Exchange Ltd. and other applicable laws.
Details of the Allottees are given below:
(i) Name of Allottee: Mr. Neil Shah
- Category: Promoter Group
- No. of Equity Shares Allotted: 100000
- No. of Equity Warrants Allotted: 400000
(ii) Name of Allottee: Neha Vora
- Category: Promoter Group
- No. of Equity Shares Allotted: 100000
- No. of Equity Warrants Allotted: 400000 |
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