Bilcare allots 90945 Equity Shares on Conversion of FCCBs

Bilcare Ltd has announced that the Committee of Directors for Foreign Currency Convertible Bonds (FCCBs), under delegated authority on December 26, 2007 has considered and allotted 90,945 Equity Shares of Rs 10/- each upon conversion of the FCCB's issued earlier at a conversion price of Rs 880 per share, including premium.

Consequently, the Paid-up Equity Share Capital of the Company stands increased to Rs 162,415,530/- divided into 16,241,553 Equity Shares of Rs 10/- each.

Source : Equity Bulls

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