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| Exchange Disseminated Time | Arihant Foundations & Housing Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 05, 2009, has approved the allotment of 15,50,000 Convertible warrants to Promoters and Body Corporate on preferencial basis at an exercise price of Rs 89/- (including premium of Rs 79/-).
1. Name of the Allottee: Kamal Lunawath
No. of Warrants: 4,30,000
2. Name of the Allottee: Vimal Lunawath
No. of Warrants: 4,30,000
3. Name of the Allottee: Taj Foundation (P) Ltd
No. of Warrants: 6,90,000. |
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