The Board of Directors of Shankar Lal Rampal Dye-Chem Ltd at its meeting held on Wednesday, 18th March, 2020 at the registered office of the Company have approved the allotment of 19,98,000 Equity shares of Rs. 10 each on preferential basis at a price Rs. 50 (includes Face Value-Rs. 10 and Premium Rs. 40) as approved by shareholders in their Extraordinary General Meeting dated 29.02.2020.