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| Exchange Disseminated Time | Panacea Biotec Ltd has informed BSE that the Company had allotted 1,63,00,000 (One Crore Sixty Three Lac Only) 0.5%, Non-Convertible Cumulative Redeemable Preference Shares (‘NCCRPS’) of Rs.10 (Rupees Ten) each at par aggregating to Rs. 16.30 (Rupees Sixteen Crore Thirty lac Only) on private placement basis to the promotes of the Company in pursuance of Special Resolution passed by the shareholders in their Extra-Ordinary General Meeting held on January 06, 2015 at the Registered Office of the Company.
Further, the aforesaid shares are issued in physical form and the Company does not intend to list the aforesaid shares on Stock exchange(s). |
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