Dabur India allots shares to shareholders of Balsara Hygiene Products

Dabur India Ltd has announced that the Board of Directors of the Company at its meeting held on October 31, 2006, has, in pursuance of the Scheme of Amalgamation and Arrangement of Balsara Companies with the Company as approved by the Hon'ble High Court at Delhi, made the allotment of 63,336 fully paid Equity Shares of Re 1/- each to the 71 shareholders of Balsara Hygiene Products Ltd holding 18,096 equity shares of Rs 10/- each in the swap ratio of 7 fully paid up equity shares of Re 1/- each of the Company for every 2 equity shares of Rs 10/- each of Balsara Hygiene Products Ltd as given in the said Scheme.

Source : Equity Bulls

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