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Exchange Disseminated Time | Phillips Carbon Black Ltd has informed BSE that, in compliance with SEBI Guidelines on preferential issue, the Allotment Committee of the Board of Directors of the Company met on October 28, 2011 and allotted 12,50,000 equity shares at a price of Rs. l96/- per share (inclusive of premium of Rs. 186/-per share), arising out of conversion of preferential issue of convertible warrants to the following:
1. Name of Promoter Group Companies : Adorn Investments Ltd - Number of Equity Shares Allotted : 4,00,000
2. Name of Promoter Group Companies : Adapt Investments Ltd - Number of Equity Shares Allotted : 4,00,000
3. Name of Promoter Group Companies : Off Shore India Ltd - Number of Equity Shares Allotted : 4,50,000
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