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| Exchange Disseminated Time 30/11/2015 17:28:13 | IOL Chemicals & Pharmaceuticals Ltd has informed BSE that the Allotment Committee of the Board of Directors in its meeting held on November 30, 2015 has allotted 4,00,000 equity shares of Rs. 10/- each to M/s. Innova Marchantiles Limited, Non-Promoter on the exercise of option attached with the warrants allotted on July 04, 2014 and the said shares shall be remain locked in for a period of one year from the date of trading approval. On the allotment of these shares all the warrants stands converted as on date.
Consequent upon the issue of the above 4,00,000 equity shares, the total paid-up capital of the company stands increased to 5,62,05,502 fully paid equity shares of Rs. 10/- each. |
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