Dhampur Sugar Mills allots 1200000 equity warrants

Dhampur Sugar Mills Ltd has announced that the Company has issued 1200000 Equity Warrants in terms of SEBI (Preferential Issues) Guidelines, to the body corporates Goel Investments Ltd - No. of Equity Warrants : 5,00,000 and Shudh Edible Products Pvt Ltd - No of Equity Warrants : 7,00,000.

The aforesaid allotment has been made on June 17, 2008. The equity warrants are subject to lock in period till June 16, 2008 (since allotment to promoters group).

The aforesaid equity warrants have conversion option into one equity shares per equity warrant any time within the 18 months.

Source : Equity Bulls

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