Jyoti Structures Allots 13,00,000 Equity Shares to promoters

Jyoti Structures Ltd has announced that Allotment Committee of the Board of Directors vide their Circular Resolution dated February 21, 2007 has allotted 13,00,000 Equity Shares of Rs 2 each (adjusted after split of face value from Rs 10 to Rs 2) to the promoters of the Company, arising on conversion of warrants allotted on preferential basis.

Consequent to the aforesaid allotment, the paid up share capital of the Company has increased to 8,06,55,990 Equity Shares of Rs 2 each aggregating to Rs 16,13,11,980.

Source : Equity Bulls

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