Lupin allots 783,181 shares on conversion of FCCBs

Lupin Ltd has announced that the Allotment Committee of Board at its meeting held on June 29, 2007 has considered and approved allotment of 783,181 equity shares of Rs 10/- each as under, for cash at a premium in terms of the Offering document, consequent to the conversion of FCCBs amounting to US$ 9.60 million out of US$ 100 million FCCBs issued by the Company in January 2006:

1. Name of the allottee: Morgan Stanley and Co International Ltd
- No. of shares allotted: 163162.

2. Name of the allottee: Merrill Lynch Capital Markets Espana S.A.S.V
- No. of shares allotted: 65265.

3. Name of the allottee: Citigroup global Markets Mauritius Pvt. Ltd.
- No. of shares allotted: 391591.

4. Name of the allottee: Deutsche Bank AG, London
- No. of shares allotted: 163163.

Source : Equity Bulls

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