Apollo Hospitals issues shares on conversion of warrants

Apollo Hospitals Enterprise Ltd has announced that the Board of Directors of the Company at its meeting held on November 22, 2006, inter alia, has approved the allotment of 1,039,965 equity shares to the following promoters upon conversion of share warrants allotted to them on June 03, 2005.

1. Dr Prathap C Reddy - 5,000 Shares allotted
2. Ms Sucharitha Reddy - 5,000 Shares allotted
3. Ms Preetha Reddy - 5,000 Shares allotted
4. Ms Suneeta Reddy - 5,000 Shares allotted
5. Ms Shobana Kamineni - 5,000 Shares allotted
6. Ms Sangita Reddy - 5,000 Shares allotted
7. PCR Investments Ltd - 1,009,965 Shares allotted

Consequent to the above allotment, the paid up share capital of the Company has been increased from Rs 505.99 million to 516.39 million.

Source : Equity Bulls

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