Bhartiya International Ltd has announced that the Board of Directors of the Company at its meeting held on April 02, 2007, has allotted 5,85,000 Equity Shares of Rs 10/- each to warrant-holders on exercising the right attached to the warrants, by them, on payment of balance amount of Rs 5,26,50,000/- (i.e. premium @ Rs 90/- per share).
Consequently the paid-up capital of the Company has increased from Rs 7,27,88,480 to Rs 7,86,38,480 w.e.f. April 02, 2007.