Aditya Birla Nuvo allots 17 Lakh equity shares

Aditya Birla Nuvo Ltd has announced that the Investor Relations & Finance Committee of the Board of Directors of the Company on March 31, 2008, by way of Circular Resolution, has approved allotment of 17,00,000 equity shares of Rs 10 each at a premium of Rs 1997.45 each to TGS Investment and Trade Pvt Ltd and IGH Holdings Pvt Ltd, the Promoter and Promoter Group Company on conversion of equivalent number of Warrants issued to them on February 21, 2008.

Source : Equity Bulls

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