Suven Life Sciences to allot 37,25,000 shares on amalgamation

Suven Life Sciences Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 06, 2006 to consider and issue and allot 37,25,000 equity shares of Rs 2/- each to the shareholders of Asian Clinical Trials Ltd (Transferor Company) pursuant to the Scheme of Amalgamation between Asian Clinical Trials Ltd (Transferor Company) and the Company (Transferee Company) as sanctioned by the Hon'ble High Court of Andhra Pradesh.

Source : Equity Bulls

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