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| Exchange Disseminated Time | Winsome Yarns Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 17, 2011, has approved the followings;
- Allotment of 12067500 fully paid up equity shares to the promoter and financial investors upon conversion of equivalent number of convertible warrants which were issued on preferential allotment basis on February 19, 2010.
for allotment of 12067500 equity shares of Rs 10/- each of the premium of Rs 6.00 per equity share upon conversion of 12067500 convertible warrants, as per detail given blow:-
1. Name of Allottees - Shell Business (P) Ltd
No of warrants converted - 5000000
No of equity shares be allotted - 5000000
Face value - Rs 10/- each
Category - Promoter
2. Name of Allottees - Arpit Agencies (P) Ltd
No of warrants converted - 3717500
No of equity shares be allotted - 3717500
Face value - Rs 10/- each
Category - Non-Promoter
3. Name of Allottees - Land Scape Traders (P) Ltd
No of warrants converted - 3350000
No of equity shares be allotted - 3350000
Face value - Rs 10/- each
Category - Non- Promoter |
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