Zenotech Laboratories allots 54,89,536 equity shares to Ranbaxy Laboratories Ltd

Zenotech Laboratories Ltd has announced that the Board of Directors of the Company at its meeting held on November 23, 2007, has approved the allotment of 54,89,536 equity shares to Ranbaxy Laboratories Ltd on preferential basis. Consequent to the above, the paid up capital of the Company stand increased to Rs 3,430.00 lakhs consisting of 3,43,30,000 equity shares of Rs 10/- each from Rs 2,881.05 lakhs consisting of 2,88,10,464 shares.

Source : Equity Bulls

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