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Corporate Announcement


Scrip Code:507315   Company:Sakthi Sugars Ltd  

                   07 November 2009
Subject:Sakthi Sugars - Outcome of Board Meeting
Announcement:Sakthi Sugars Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2009, inter alia, has issued and allotted equity shares to the following allottee by conversion of Foreign Currency Convertible Bonds in terms of the Offering Circular dated May 15, 2006 :

1. Name of the Allottee : Apollo Asia Opportunity Alpha (Mauritius) Ltd
- Number of Shares allotted : 2,36,263
Series of FCCB : B
- Value of FCCB converted : USD 1,000,000
- Conversion Price per share : Rs 190.00

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