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| Exchange Disseminated Time 27/11/2015 17:21:49 | IOL Chemicals & Pharmaceuticals Ltd has informed BSE that the Allotment Committee of the Board of Directors in its meeting held on November 27, 2015 has allotted 7,25,000 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.
Consequent upon the issue of the above 7,25,000 equity shares, the total paid-up capital of the Company stands increased to 5,58,05,502 fully paid equity shares of Rs. 10/- each. |
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