Hikal allots 1360000 equity shares

Hikal Ltd has announced that the share allotment committee of the Board of Directors of the Company in their meeting held on September 29, 2008, have allotted 13,60,000 equity shares of Rs 10/- each at a premium of Rs 464/- per share to International Finance Corporation (IFC) aggregating Rs 6446.40 lacs. The said shares are subject to lock in for a period of one year from the date of allotment.

Source : Equity Bulls

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