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| Exchange Disseminated Time | Vardhman Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 18, 2010, has approved the allotment of 20,03,000 Equity Shares of Rs. 10/- each at a premium of Rs. 29.53/- per Share to the Financial Investors on conversion of Convertible Warrants issued in accordance with Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. The Details of the Allottees are as below:
1. Name of Allottee: Swarnim Tie-up (P) Ltd.
- No. of Warrants to be converted and equivalent no. equity shares to be allotted: 14,00,000
- No. of Equity Shares allotted having face value of Rs. 10/- at premium of Rs. 29.53/- per share: 14,00,000
2. Name of the Allottee: Real Value Info Solutions (P) Ltd.
- No. of Warrants to be converted and equivalent no. equity shares to be allotted: 4,75,000
- No. of Equity Shares allotted having face value of Rs. 10/- at premium of Rs. 29.53/- per share: 4,75,000
3. Name of the Allottee: Master Trust Ltd.
- No. of Warrants to be converted and equivalent no. equity shares to be allotted: 1,28,000
- No. of Equity Shares allotted having face value of Rs. 10/- at premium of Rs. 29.53/- per share: 1,28,000. |
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