Lok Housing to allot 762200 shares at Rs 196.80

Lok Housing & Constructions Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 05, 2007, inter alia, have accorded to the Board to offer, issue and allot 7,62,200 equity shares of the Company, having a face value of Rs 10/- each at a price of Rs 196.80 (Rupees One Hundred Ninety Six & Eighty Paisa Only) per equity share on a preferential allotment basis for cash to Bennett Coleman & Co., Ltd, subject to necessary provisions & approvals.

Source : Equity Bulls

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