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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 September 21, 2010, has approved the allotment of 13,20,000 Equity Shares of Rs. 10/- each (660000 equity shares at a premium of Rs. 50.50/- per Share & 660000 equity shares at premium of Rs. 46 per Share) to the Financial Investors belonging to the Promoter Group 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 the Allottee: Nightnagle Dealcom (P) Ltd
- No. of Warrants to be converted and equivalent no. equity shares to be allotted: 660000
- No. of Equity Shares allotted having face value of Rs. 10/- each: 660000
2. Name of the Allottee: ALMA Assets Consultancy (P) Ltd.
- No. of Warrants to be converted and equivalent no. equity shares to be allotted: 660000
- No. of Equity Shares allotted having face value of Rs. 10/- each: 660000 |
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