Bartronics India allots shares on preferential basis

Bartronics India Ltd has announced that the Board of Directors of the Company at its meeting held on March 02, 2007, pursuant to the provisions of Section 81(1A) of the Companies Act, 1956 and subject to the provisions of Chapter XIII-A and other applicable provisions, if any, of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("SEBI DIP Guidelines"), and pursuant to the approval given by the members of the Company in their Extraordinary General Meeting held on January 29, 2007, consent of the Board of Directors of the Company be and is hereby accorded that 32,50,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 100/- per share be and are hereby allotted on preferential basis to the applicants whose names and respective share allotments are given herein below:

1. M/s. Tricolor India Opportunities Fund: 2,00,000 Shares allocated

2. M/s. Shinsei UTI India Fund Mauritius Ltd: 4,00,000 Shares allocated

3. M/s. Deutsche Securities Mauritius Ltd: 8,00,000 Shares allocated

4. M/s. Merrill Lynch Capital Markets Espana S.A.S.V.: 6,00,000 Shares allocated

5. M/s. Canara Bank Trustee Canbank Mutual Fund A/c Can Equity Diversified Scheme: 50,000 Shares allocated

6. M/s. Canara Bank Trustee Canbank Mutual Fund A/c Can Multicap Scheme: 50,000 Shares allocated.

7. M/s. DSP Merrill Lynch Trustee Co. Pvt Ltd A/c DSP Merrill Lynch Small and Midcap Fund: 7,50,000 Shares allocated

8. M/s. UBS Securities Asia Ltd A/c Swiss Finance Corporation (Mauritius) Ltd: 4,00,000 Shares allocated.

Source : Equity Bulls

Keywords