Anant Raj Industries Ltd has announced that the Board of Directors of the Company at its meeting held on November 13, 2006, has resolved the following:
1. Allotted 9002435 number fully paid up equity shares to shareholders of Transferor Companies namely Kalinga Meadows Ltd, Sarvodya Builders Pvt Ltd, B T Estates Pvt Ltd, Carnation Buildcon Pvt Ltd and Elegant Buildtech Pvt Ltd. The details of Allottees are as under:
a. Anant Raj Agencies Pvt Ltd: 89,98,899 - No. of Shares
b. Mr. Amit Sarin: 253 - No. of Shares
c. Mr. Aman Sarin: 3253 - No. of Shares
d. Mr. Pankaj Nakra: 30 - No. of Shares
2. Take on record that the fully paid up equity capital of the Company stands at Rs 342847350 after the aforesaid allotment.