Ankur Drugs allots 50 Lakh shares to Vaibhav Healthcare

Ankur Drugs & Pharma Ltd has announced that the Board of Directors of the Company at its meeting held on April 23, 2008, inter alia, has allotted 50,00,000 equity shares of Rs 10/- each in the capital of the Company to the shareholders of Vaibhav Healthcare Pvt Ltd as per list of shareholders mentioned in the Register of Members.

Issued and allotted 4,56,818 Equity Shares of Rs 10/- each on conversion of 1500 FCCB of UDS 1000.00 each at the conversion price of Rs 165/- inclusive of the accretion yield of 5% p. a., i.e. 39,591 equity shares of Rs 10 each, from the date of issue till the receipt of notice of conversion, to Grants Investment Ltd — FCCC, Les Cascades Building, Edith Cave Strect, Port Loins, Maurittus (Bondholder).

Source : Equity Bulls

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