DCM Shriram Industries allots 7 Lakh Shares

DCM Shriram Industries Ltd has announced that the Board of Directors have allotted 7,00,000 (Seven Lac) fully paid equity shares of Rs 10 each at a premium of Rs 80 per equity share to the specified entities of the Promoters / Promoter group / Persons Acting in Concert with them against the Warrants. These shares shall rank pari passu with the existing equity shares in the Company in all respect and shall be locked-in in terms of Chapter XIII of the SEBI (DIP) Guidelines.

Source : Equity Bulls

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