Raasi Refractories allots 121136 shares

Raasi Refractories Ltd has announced that the Board of Directors of the Company at their meeting held on October 04, 2008 has allotted 1,21,136 Equity Shares having face value of Rs 10/- each at par to Industrial Finance Corporation of India Ltd pursuant to the conversion of funded interest term loan of Rs 12,11,360 in accordance with the provisions of Section 81(3) of the Companies Act, 1956.

Source : Equity Bulls

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