BPL allots Equity Shares on Preferential basis

BPL Ltd has announced that on October 22, 2007 the Company has allotted equity shares of Rs 10/- each on preferential basis to Electro Investment Pvt Ltd, a promoter group Company, in terms of the SEBI Guidelines for Preferential Issues as under:

a. 30,00,000 equity shares of Rs 10/- each at a premium of Rs 33.02 per share aggregating to Rs 12,90,60,000 and

b. 8,20,344 equity shares of Rs 10/- each at a premium of Rs 62.99 per share aggregating to Rs 5,98,76,908.

Source : Equity Bulls

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