Intense Technologies Ltd has announced that the Board of Directors of the Company at its meeting held on August 20, 2007 has allotted 5,00,000 fully paid-up equity shares of Rs 10/- each on conversion of equity warrants (allotted in February 2006) to the under mentioned allottees:
1. Mrs. C Uma Maheshwari - 1,00,000 No of Equity shares Allotted on conversion of Warrants
2. M/s. Prime Securities Ltd - 4,00,000 No of Equity shares Allotted on conversion of Warrants.