Corporate Announcement
Security Code : 517380    Company : IGARASHI    
 
Allotment of equity shares in lieu of conversion of Optionally Convertible Redeemable Debentures (‘OCD’) 
  Exchange Disseminated Time     
Igarashi Motors India Ltd has informed BSE that on January 16, 2014, the Allotment Committee of Board of Directors of the Company approved allotment of 92,32,362 (Ninety two Lacs Thirty Two Thousand Three Hundred and Sixty Two) equity shares of Rs. 10/- each to Mr. Padamabhan Mukund at an issue Price of Rs. 65/- per each Share in lieu conversion of 92,32,362 OCDs.

Post allotment of 92,32,362 equity shares of face value Rs. 10/- each, the Company's issued and paid-up share capital is at 3,04,45,444 equity shares of face value Rs. 10/- amounting to Rs. 304,454,440/-.
 

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