Kopran Ltd has announced that the Board of Directors of the Company at its meeting held on September 28, 2006 and adjourned meeting held on September 29, 2006 have, inter alia, considered and allotted 2,26,000 fully paid-up Equity Shares to State Bank of India (SBI) and 4,49,550 fully paid-up Equity Shares to Industrial Development Bank of India Ltd (IDBI) at a price of Rs 44.83/- per Equity Share of Rs 10/- each.