Dazzel Confindive allots 20 Lacs shares

Dazzel Confindive Ltd has announced that the Board of Directors of the Company at its meeting held on April 28, 2008, inter alia, has allotted 20,00,000 (Twenty lacs) Equity Shares of Rs 10.00 (Rs Ten only) at a premium of Re 1 per share issued to promoters and non promoters, on which the Company received 90% allotment money amounting to Rs 19,80,000/- preferential basis on conversion of 20,00,000 Convertible Warrants of Rs 11 (Rs Eleven only) per warrant, in accordance with the SEBI Guidelines.

Source : Equity Bulls

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