Corporate Announcement
Security Code : 514175    Company : VARDMNPOLY    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Vardhman Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 26, 2011, has allotted 18,00,000 (Eighteen lacs) warrants, carrying an option to the holder of such warrants to subscribe to one equity share of Rs. 10/- at premium of Rs. 58 per share for every warrant held, within 18 months from the date of allotment of the warrants, to the following financial investors, belonging to Non promoter group, on preferential basis in accordance with the applicable laws:

1. Name of the Person: Mr. Sanjeev Kumar Goyal
- No. of Warrants: 1,50,000

2. Name of the Person: Mr. Surinder Kumar Goyal
- No. of Warrants: 1,50,000

3. Name of the Person: Mr. Manav Goyal
- No. of Warrants: 1,50,000

4. Name of the Person: Mr. Anil Kumar Goyal
- No. of Warrants: 1,50,000

5. Name of the Person: Mr. Ajay Kumar Goyal
- No. of Warrants: 1,50,000

6. Name of the Person: Mr. Vineet Sood & Sons (HUF)
- No. of Warrants: 7,25,000

7. Name of the Person: Mr. Suresh Kumar Jain
- No. of Warrants: 3,25,000.
 

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